Correlation Analysis
Nvidia Corp vs Astera Labs, Inc. Common Stock
NVDA vs ALAB
+0.815
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
Astera Labs, Inc. Common Stock
↗ALAB
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. The company offers products such as integrated circuits (ICs), boards, and modules, catering to hyperscalers and system OEMs. The company's solutions focus on data, network, and memory management in AI-driven platforms. Geographically, the company operates in Singapore, China, Taiwan, and United States, of which maximum revenue is derived from United States.
Market cap 20.1B · 756 employees
Time Series
Rebased to 100
Who Moves First
in sync
NVDA and ALAB tend to move at the same time.
Best correlation after shifting: +0.815 (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
+0.108
12 periods · Return correlation when both series rose
Both Falling
+0.349
11 periods · Return correlation when both series fell
Diverging
-0.376
12 periods · Return correlation when series moved apart
R-Squared
66.4%
Share of variance in one series explained by the other.
Trend Agreement
67.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
513
Robust shared window — 513 usable pairs.
Significance
p < 0.001
95% CI: [0.784, 0.842]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
513 paired observations survived the daily window.
Raw input
1,254
513
Normalized
1,254
513
Prepared
1,254
513
Aligned
513
513
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
741
A: 741 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Astera Labs, Inc. Common Stock
ALAB
Market cap 20.1B · 756 employees
Stock · 513 raw → 513 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
1.2249
Linear regression slope.
Intercept
-69.4611
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-alab-daily-20260408-3wzknw