Correlation Analysis
Nvidia Corp vs American Electric Power Company, Inc.
NVDA vs AEP
+0.707
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
American Electric Power Company, Inc.
↗AEP
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 39% of AEP's capacity is coal, with the remainder from a mix of natural gas (28%), renewable energy and hydro (23%), nuclear (7%), and demand response (3%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Market cap 71.9B · 17,581 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads AEP by 6 days
NVDA tends to move before AEP.
Best correlation after shifting: +0.716 (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
-0.009
14 periods · Return correlation when both series rose
Both Falling
-0.234
8 periods · Return correlation when both series fell
Diverging
-0.560
13 periods · Return correlation when series moved apart
R-Squared
50.0%
Share of variance in one series explained by the other.
Trend Agreement
48.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,254
Deep shared window — 1,254 usable pairs.
Significance
p < 0.001
95% CI: [0.678, 0.734]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired observations survived the daily window.
Raw input
1,254
1,254
Normalized
1,254
1,254
Prepared
1,254
1,254
Aligned
1,254
1,254
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
American Electric Power Company, Inc.
AEP
Market cap 71.9B · 17,581 employees
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
0.1463
Linear regression slope.
Intercept
83.9066
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
NVDA
Nvidia Corp
Highest
+0.983
Arista Networks
ANET · 1,254 observations
Lowest
-0.910
United Parcel Service, Inc. Class B
UPS · 1,254 observations
AEP
American Electric Power Company, Inc.
Highest
+0.797
Walmart Inc. Common Stock
WMT · 1,254 observations
Lowest
+0.510
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-nvda-vs-stock-aep-daily-20260408-leaq6s