SeriesMagCorrOverlapThrough
These move together about 54% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio for cancer; Mounjaro, Zepbound, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.
Market cap 775.7B · 50,000 employees
Energy Transfer is a diversified midstream firm, operating from wellhead to consuming demand. It handles natural gas, natural gas liquids, or NGLs, crude oil, and refined products. Commodities are moved through its network of field level gathering and processing to refineries and demand centers. Operations are concentrated in Texas and the Midcontinent United States. It also controls Sunoco and USA Compression through its general partner relationship.
Market cap 65.5B · 22,311 employees
What to Watch
Drifting from pattern
Recent correlation (+6%) is running 1.9σ away from the long-run average of +91%.
Holds across regimes
Correlation is similar when markets rise (-14%) and fall (+17%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
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
+91%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Energy Transfer LP Common Units representing limited partner interests 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
+91%
Pearson correlation
95% CI
+90% → +92%
Likely range
R²
82.0%
Variance explained
Trend agreement
53.6%
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.
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
-14%
84 periods · Return correlation when both series rose
Both Falling
+17%
56 periods · Return correlation when both series fell
Diverging
-62%
109 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
Eli Lilly & Co.
LLY
Market cap 775.7B · 50,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Energy Transfer LP Common Units representing limited partner interests
ET
Market cap 65.5B · 22,311 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0108
Linear regression slope.
Intercept
7.8038
Linear regression intercept.
Saved 2 hours ago · ID: stock-et_stock-lly_5y
ET
Energy Transfer LP Common Units representing limited partner interests
Strongest positive