Correlation Analysis
Nvidia Corp vs Applovin Corporation Class A Common Stock
NVDA vs APP
+0.877
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
Applovin Corporation Class A Common Stock
↗APP
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
Market cap 139.2B · 898 employees
Who Moves First
NVDA leads APP by 6 days
NVDA tends to move before APP.
Best correlation after shifting: +0.879 (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
+0.295
17 periods · Return correlation when both series rose
Both Falling
+0.999
7 periods · Return correlation when both series fell
Diverging
-0.335
11 periods · Return correlation when series moved apart
R-Squared
77.0%
Share of variance in one series explained by the other.
Trend Agreement
68.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,250
Deep shared window — 1,250 usable pairs.
Significance
p < 0.001
95% CI: [0.864, 0.890]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,250 paired observations survived the daily window.
Raw input
1,254
1,250
Normalized
1,254
1,250
Prepared
1,254
1,250
Aligned
1,250
1,250
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
4
A: 4 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Applovin Corporation Class A Common Stock
APP
Market cap 139.2B · 898 employees
Stock · 1,250 raw → 1,250 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
2.6880
Linear regression slope.
Intercept
-43.4064
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
APP
Applovin Corporation Class A Common Stock
Highest
+0.934
JPMorgan Chase & Co.
JPM · 1,250 observations
Lowest
+0.426
Exxon Mobil Corporation
XOM · 1,250 observations
Saved 3 hours ago · ID: stock-nvda-vs-stock-app-daily-20260408-ytrvm5