Correlation Analysis
CoreWeave, Inc. Class A Common Stock vs JPMorgan Chase & Co.
CRWV vs JPM
+0.297
Light positive
When one moves up, the other tends to follow.
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
JPMorgan Chase & Co.
↗JPM
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with more than $4.4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates and is subject to regulation in multiple countries.
Market cap 792.5B
Time Series
Relative Performance
Who Moves First
CRWV leads JPM by 6 days
CRWV tends to move before JPM.
After testing 13 timing shifts, the strongest relationship was +0.325 (they moved in the same direction).
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
+0.136
12 periods · Return correlation when both series rose
Both Falling
+0.809
5 periods · Return correlation when both series fell
Diverging
-0.719
18 periods · Return correlation when series moved apart
R-Squared
8.8%
Share of variance in one series explained by the other.
Trend Agreement
55.3%
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: [0.181, 0.404]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
257 paired data points survived the daily window.
Raw input
257
1,254
Normalized
257
1,254
Prepared
257
1,254
Aligned
257
257
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
997
A: 0 / B: 997
Series A
CoreWeave, Inc. Class A Common Stock
CRWV
Market cap 42.5B · 2,189 employees
Stock · 257 raw → 257 prepared
Series B
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
20
Estimated crossover points between normalized spreads.
Slope
0.2252
Linear regression slope.
Intercept
268.9371
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
CRWV
CoreWeave, Inc. Class A Common Stock
Highest
+0.579
NetFlix Inc
NFLX · 257 data points
Lowest
-0.343
Eli Lilly & Co.
LLY · 257 data points
Saved 7 hours ago · ID: stock-crwv-vs-stock-jpm-daily