Correlation Analysis
Nvidia Corp vs CPILFESL
NVDA vs CPILFESL
+0.866
Very strong positive
When one moves up, the other tends to follow.
Nvidia Corp
↗NVDA
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence to run large language models. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.
Market cap 4.3T
CPILFESL
CPILFESL
Time Series
Rebased to 100
Who Moves First
CPILFESL leads NVDA by 6 months
CPILFESL tends to move before NVDA.
Best correlation after shifting: +0.894 (13 shifts scanned)
Stability
Rolling Correlation
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
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
-0.097
25 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
+0.366
10 periods · Return correlation when series moved apart
R-Squared
75.0%
Share of variance in one series explained by the other.
Trend Agreement
57.9%
How often both series moved in the same direction period-to-period.
Overlap Quality
58
Thin shared window — 58 usable pairs.
Significance
p < 0.001
95% CI: [0.783, 0.919]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
58 paired observations survived the monthly window.
Raw input
1,254
829
Normalized
1,254
829
Prepared
61
829
Aligned
58
58
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
774
A: 3 / B: 771
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 61 prepared
Series B
CPILFESL
FRED · 829 raw → 829 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.2554
Linear regression slope.
Intercept
289.3751
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 4 hours ago · ID: stock-nvda-vs-fred-cpilfesl-monthly-20260408-fswjid