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Correlation Analysis

Nvidia Corp vs DGS10

NVDA vs DGS10

+0.602

Moderate positive

When one moves up, the other tends to follow.

NVDA logo

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

F

DGS10

DGS10

Apr 9, 2021 — Apr 6, 2026Daily1,244 observationsStockFREDTechnology

Who Moves First

DGS10 leads NVDA by 6 days

DGS10 tends to move before NVDA.

Best correlation after shifting: +0.604 (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

+0.125

13 periods · Return correlation when both series rose

Both Falling

N/A

3 periods · Return correlation when both series fell

Diverging

-0.404

19 periods · Return correlation when series moved apart

R-Squared

36.2%

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

1,244

Deep shared window — 1,244 usable pairs.

Significance

p < 0.001

95% CI: [0.565, 0.636]

Time Series

Rebased to 100

Green: NVDAGray: DGS1036 of 1,244 points (sampled)

Scatter

XY Regression

-1.50501001502002161.0123455.17Nvidia CorpDGS10Data pointsFit (r = 0.602)

Pipeline

Data quality details

Pipeline Summary

1,244 paired observations survived the daily window.

Raw input

1,254

16,049

Normalized

1,254

16,049

Prepared

1,254

16,049

Aligned

1,244

1,244

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

14,815

A: 10 / B: 14805

Series A

NVDA logo

Nvidia Corp

NVDA

Market cap 4.3T

Stock · 1,254 raw → 1,254 prepared

Series B

F

DGS10

FRED · 16,049 raw → 16,049 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

3

Estimated crossover points between normalized spreads.

Slope

0.0104

Linear regression slope.

Intercept

2.7300

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-nvda-vs-fred-dgs10-daily-20260408-4h5oof