SeriesMagCorrOverlapThrough
These move together about 55% of the time
Strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
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 2025, reserves were 19.3 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 4.1 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
Market cap 625.8B · 57,900 employees
AbbVie is a pharmaceutical firm with a strong exposure to immunology (with Humira, Skyrizi, and Rinvoq) and oncology (with Imbruvica and Venclexta). The company was spun off from Abbott in early 2013. The 2020 acquisition of Allergan added several new products and drugs in aesthetics, including Botox. The 2024 acquisitions of Cerevel (neuroscience) and ImmunoGen (oncology) help supplement AbbVie's portfolio.
What to Watch
Drifting from pattern
Recent correlation (+39%) is running 1.7σ away from the long-run average of +77%.
Tighter in drawdowns
Pair moves more tightly when both fall (+32%) than when both rise (+3%) — typical risk-off behaviour.
Flaky
Correlation swings widely across time windows — careful using this as a point estimate.
Time Series
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+77%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with ABBVIE INC. at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+77%
Pearson correlation
95% CI
+75% → +79%
Likely range
R²
59.8%
Variance explained
Trend agreement
55.1%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Market cap 349.1B · 57,000 employees
Do They Crash Together?
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
+3%
100 periods · Return correlation when both series rose
Both Falling
+32%
75 periods · Return correlation when both series fell
Diverging
-51%
74 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Exxon Mobil Corporation
XOM
Market cap 625.8B · 57,900 employees
Stock · 1,255 raw → 1,255 prepared
Series B
ABBVIE INC.
ABBV
Market cap 349.1B · 57,000 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
34
Estimated crossover points between normalized spreads.
Slope
1.1351
Linear regression slope.
Intercept
48.6278
Linear regression intercept.
Saved yesterday · ID: stock:abbv|stock:xom|5Y