Correlation Analysis
Broadcom Inc. Common Stock vs CoreWeave, Inc. Class A Common Stock
AVGO vs CRWV
+0.262
Light positive
When one moves up, the other tends to follow.
Broadcom Inc. Common Stock
↗AVGO
Broadcom is one of the largest semiconductor companies in the world and has also expanded into infrastructure software. Its semiconductors primarily serve computing and networking, with custom AI accelerators now accounting for the bulk of the business. It is primarily a fabless designer, but holds some manufacturing in-house, such as for its best-of-breed film bulk acoustic resonator filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments. Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as VMware, Brocade, CA Technologies, and Symantec in software.
Market cap 1.5T
CoreWeave, Inc. Class A Common Stock
↗CRWV
CoreWeave Inc is a modern cloud infrastructure technology company that offers the CoreWeave Cloud Platform, which consists of proprietary software and cloud services that deliver the automation and efficiency needed to manage complex AI infrastructure at scale. Its platform supports the development and use of ground-breaking models and the delivery of the next generation of AI applications that are changing the way of living and working across the globe.
Market cap 42.5B · 2,189 employees
Time Series
Rebased to 100
Who Moves First
in sync
AVGO and CRWV tend to move at the same time.
Best correlation after shifting: +0.262 (13 shifts scanned)
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
+0.107
13 periods · Return correlation when both series rose
Both Falling
+0.063
5 periods · Return correlation when both series fell
Diverging
-0.387
17 periods · Return correlation when series moved apart
R-Squared
6.9%
Share of variance in one series explained by the other.
Trend Agreement
60.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
257
Robust shared window — 257 usable pairs.
Significance
p < 0.001
95% CI: [0.144, 0.372]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
257 paired observations survived the daily window.
Raw input
1,254
257
Normalized
1,254
257
Prepared
1,254
257
Aligned
257
257
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
997
A: 997 / B: 0
Series A
Broadcom Inc. Common Stock
AVGO
Market cap 1.5T
Stock · 1,254 raw → 1,254 prepared
Series B
CoreWeave, Inc. Class A Common Stock
CRWV
Market cap 42.5B · 2,189 employees
Stock · 257 raw → 257 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.1460
Linear regression slope.
Intercept
54.9871
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
AVGO
Broadcom Inc. Common Stock
Highest
+0.981
GE Aerospace
GE · 1,254 observations
Lowest
-0.903
The Kraft Heinz Company Common Stock
KHC · 1,254 observations
CRWV
CoreWeave, Inc. Class A Common Stock
Highest
+0.579
NetFlix Inc
NFLX · 257 observations
Lowest
-0.343
Eli Lilly & Co.
LLY · 257 observations
Saved 3 hours ago · ID: stock-avgo-vs-stock-crwv-daily-20260408-93mnet