Correlation Analysis
Broadcom Inc. Common Stock vs Rivian Automotive, Inc. Class A Common Stock
AVGO vs RIVN
-0.393
Light inverse
When one moves up, the other tends to move down.
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
Rivian Automotive, Inc. Class A Common Stock
↗RIVN
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.
Market cap 19B · 15,232 employees
Time Series
Rebased to 100
Who Moves First
AVGO leads RIVN by 6 days
AVGO tends to move before RIVN.
Best correlation after shifting: -0.397 (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
-0.137
12 periods · Return correlation when both series rose
Both Falling
-0.280
6 periods · Return correlation when both series fell
Diverging
-0.252
17 periods · Return correlation when series moved apart
R-Squared
15.4%
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
1,104
Deep shared window — 1,104 usable pairs.
Significance
p < 0.001
95% CI: [-0.441, -0.342]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,104 paired observations survived the daily window.
Raw input
1,254
1,104
Normalized
1,254
1,104
Prepared
1,254
1,104
Aligned
1,104
1,104
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
150
A: 150 / B: 0
Series A
Broadcom Inc. Common Stock
AVGO
Market cap 1.5T
Stock · 1,254 raw → 1,254 prepared
Series B
Rivian Automotive, Inc. Class A Common Stock
RIVN
Market cap 19B · 15,232 employees
Stock · 1,104 raw → 1,104 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
17
Estimated crossover points between normalized spreads.
Slope
-0.0828
Linear regression slope.
Intercept
35.9894
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
RIVN
Rivian Automotive, Inc. Class A Common Stock
Highest
+0.170
Tesla, Inc. Common Stock
TSLA · 1,104 observations
Lowest
-0.728
Exxon Mobil Corporation
XOM · 1,104 observations
Saved 3 hours ago · ID: stock-avgo-vs-stock-rivn-daily-20260408-bp8xwl