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Correlation Analysis

Nvidia Corp vs Ameriprise Financial, Inc.

NVDA vs AMP

+0.914

Very strong 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

AMP logo

Ameriprise Financial, Inc.

AMP

Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating income from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third key segment is its retirement and protection services business, which sells insurance products to the firm's advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.

Market cap 39B · 13,600 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Who Moves First

AMP leads NVDA by 6 days

AMP tends to move before NVDA.

Best correlation after shifting: +0.916 (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

+0.414

15 periods · Return correlation when both series rose

Both Falling

+0.967

6 periods · Return correlation when both series fell

Diverging

-0.726

14 periods · Return correlation when series moved apart

R-Squared

83.6%

Share of variance in one series explained by the other.

Trend Agreement

63.1%

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: [0.905, 0.923]

Time Series

Rebased to 100

Green: NVDAGray: AMP36 of 1,254 points (sampled)

Scatter

XY Regression

-1.7050100150200218216.9250300350400450500550563.7Nvidia CorpAmeriprise Financial, Inc.Data pointsFit (r = 0.914)

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

NVDA logo

Nvidia Corp

NVDA

Market cap 4.3T

Stock · 1,254 raw → 1,254 prepared

Series B

AMP logo

Ameriprise Financial, Inc.

AMP

Market cap 39B · 13,600 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

42

Estimated crossover points between normalized spreads.

Slope

1.4605

Linear regression slope.

Intercept

266.8412

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-nvda-vs-stock-amp-daily-20260408-izvmvw