Correlation Analysis
CoreWeave, Inc. Class A Common Stock vs NetFlix Inc
CRWV vs NFLX
+0.579
Moderate 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
NetFlix Inc
↗NFLX
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
Market cap 417.7B
Time Series
Relative Performance
Who Moves First
NFLX leads CRWV by 6 days
NFLX tends to move before CRWV.
After testing 13 timing shifts, the strongest relationship was +0.623 (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
-0.111
8 periods · Return correlation when both series rose
Both Falling
+0.200
9 periods · Return correlation when both series fell
Diverging
-0.625
18 periods · Return correlation when series moved apart
R-Squared
33.6%
Share of variance in one series explained by the other.
Trend Agreement
50.0%
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: [0.492, 0.655]
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
NetFlix Inc
NFLX
Market cap 417.7B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
18
Estimated crossover points between normalized spreads.
Slope
0.2655
Linear regression slope.
Intercept
81.3672
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
CRWV
CoreWeave, Inc. Class A Common Stock
Highest
+0.408
Mastercard Incorporated
MA · 257 data points
Lowest
-0.343
Eli Lilly & Co.
LLY · 257 data points
Saved 4 hours ago · ID: stock-crwv-vs-stock-nflx-daily