Correlation Analysis
Exxon Mobil Corporation vs Block, Inc.
XOM vs XYZ
-0.312
Light inverse
When one moves up, the other tends to move down.
Exxon Mobil Corporation
↗XOM
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2024, reserves were 19.9 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.3 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
Market cap 680.7B
Block, Inc.
↗XYZ
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.
Market cap 36.4B · 10,205 employees
Time Series
Relative Performance
Who Moves First
XOM leads XYZ by 3 days
XOM tends to move before XYZ.
After testing 13 timing shifts, the strongest relationship was -0.320 (they moved in opposite directions).
Do They Crash Together?
Correlation by Market Regime
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+0.137
9 periods · Return correlation when both series rose
Both Falling
+0.673
6 periods · Return correlation when both series fell
Diverging
-0.430
20 periods · Return correlation when series moved apart
R-Squared
9.7%
Share of variance in one series explained by the other.
Trend Agreement
48.8%
How often both series moved in the same direction period-to-period.
Overlap Quality
304
Robust shared window — 304 usable pairs.
Significance
p < 0.001
95% CI: [-0.410, -0.207]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
304 paired data points survived the daily window.
Raw input
1,254
304
Normalized
1,254
304
Prepared
1,254
304
Aligned
304
304
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
950
A: 950 / B: 0
Series A
Exxon Mobil Corporation
XOM
Market cap 680.7B
Stock · 1,254 raw → 1,254 prepared
Series B
Block, Inc.
XYZ
Market cap 36.4B · 10,205 employees
Stock · 304 raw → 304 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-0.1877
Linear regression slope.
Intercept
89.0687
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-xom-vs-stock-xyz-daily