Correlation Analysis
Nvidia Corp vs Booking Holdings Inc. Common Stock
NVDA vs BKNG
+0.943
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
Booking Holdings Inc. Common Stock
↗BKNG
Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airlines, rental cars, restaurants, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, Rentalcars.com, and Kayak. Transaction fees for online bookings account for the bulk of revenue and profits.
Market cap 139.5B · 24,300 employees
Time Series
Relative Performance
Who Moves First
BKNG leads NVDA by 6 days
BKNG tends to move before NVDA.
After testing 13 timing shifts, the strongest relationship was +0.946 (they moved in the same direction).
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
+0.555
14 periods · Return correlation when both series rose
Both Falling
+0.669
6 periods · Return correlation when both series fell
Diverging
-0.553
15 periods · Return correlation when series moved apart
R-Squared
88.9%
Share of variance in one series explained by the other.
Trend Agreement
63.2%
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: [0.936, 0.948]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired data points 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
Booking Holdings Inc. Common Stock
BKNG
Market cap 139.5B · 24,300 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
47
Estimated crossover points between normalized spreads.
Slope
0.7521
Linear regression slope.
Intercept
78.0777
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
NVDA
Nvidia Corp
Highest
+0.983
Arista Networks
ANET · 1,254 data points
Lowest
-0.910
United Parcel Service, Inc. Class B
UPS · 1,254 data points
BKNG
Booking Holdings Inc. Common Stock
Highest
+0.979
Mastercard Incorporated
MA · 1,254 data points
Lowest
+0.122
Johnson & Johnson
JNJ · 1,254 data points
Saved 5 hours ago · ID: stock-nvda-vs-stock-bkng-daily-20260408-pzwmaf