Correlation Analysis
Nvidia Corp vs Cencora, Inc.
NVDA vs COR
+0.933
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
Cencora, Inc.
↗COR
Cencora is one of three leading domestic pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health hold over 90% share of the US pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.
Market cap 62.4B · 51,000 employees
Time Series
Relative Performance
Who Moves First
NVDA leads COR by 1 day
NVDA tends to move before COR.
After testing 13 timing shifts, the strongest relationship was +0.933 (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
-0.174
20 periods · Return correlation when both series rose
Both Falling
-0.162
6 periods · Return correlation when both series fell
Diverging
-0.759
9 periods · Return correlation when series moved apart
R-Squared
87.1%
Share of variance in one series explained by the other.
Trend Agreement
48.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
834
Deep shared window — 834 usable pairs.
Significance
p < 0.001
95% CI: [0.924, 0.942]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
834 paired data points survived the daily window.
Raw input
1,254
834
Normalized
1,254
834
Prepared
1,254
834
Aligned
834
834
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
420
A: 420 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Cencora, Inc.
COR
Market cap 62.4B · 51,000 employees
Stock · 834 raw → 834 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
1.0579
Linear regression slope.
Intercept
127.7227
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 5 hours ago · ID: stock-nvda-vs-stock-cor-daily-20260408-40joo4