Correlation Analysis
GE Vernova Inc. vs JPMorgan Chase & Co.
GEV vs JPM
+0.913
Very strong positive
When one moves up, the other tends to follow.
GE Vernova Inc.
↗GEV
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.
Market cap 241.3B · 75,000 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
GEV leads JPM by 5 days
GEV tends to move before JPM.
After testing 13 timing shifts, the strongest relationship was +0.915 (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
+0.361
18 periods · Return correlation when both series rose
Both Falling
+0.538
8 periods · Return correlation when both series fell
Diverging
-0.778
9 periods · Return correlation when series moved apart
R-Squared
83.4%
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
505
Robust shared window — 505 usable pairs.
Significance
p < 0.001
95% CI: [0.898, 0.927]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
505 paired data points survived the daily window.
Raw input
505
1,254
Normalized
505
1,254
Prepared
505
1,254
Aligned
505
505
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
749
A: 0 / B: 749
Series A
GE Vernova Inc.
GEV
Market cap 241.3B · 75,000 employees
Stock · 505 raw → 505 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
1
Estimated crossover points between normalized spreads.
Slope
0.1802
Linear regression slope.
Intercept
180.0202
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-gev-vs-stock-jpm-daily