Correlation Analysis
Nvidia Corp vs CoreWeave, Inc. Class A Common Stock
NVDA vs CRWV
+0.344
Light 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
CoreWeave, Inc. Class A Common Stock
↗CRWV
CoreWeave Inc is a modern cloud infrastructure technology company that offers the CoreWeave Cloud Platform, which consists of proprietary software and cloud services that deliver the automation and efficiency needed to manage complex AI infrastructure at scale. Its platform supports the development and use of ground-breaking models and the delivery of the next generation of AI applications that are changing the way of living and working across the globe.
Market cap 42.5B · 2,189 employees
Time Series
Rebased to 100
Who Moves First
CRWV leads NVDA by 6 days
CRWV tends to move before NVDA.
Best correlation after shifting: +0.392 (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
+0.404
14 periods · Return correlation when both series rose
Both Falling
-0.394
8 periods · Return correlation when both series fell
Diverging
-0.610
13 periods · Return correlation when series moved apart
R-Squared
11.8%
Share of variance in one series explained by the other.
Trend Agreement
62.9%
How often both series moved in the same direction period-to-period.
Overlap Quality
257
Robust shared window — 257 usable pairs.
Significance
p < 0.001
95% CI: [0.231, 0.448]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
257 paired observations survived the daily window.
Raw input
1,254
257
Normalized
1,254
257
Prepared
1,254
257
Aligned
257
257
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
997
A: 997 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
CoreWeave, Inc. Class A Common Stock
CRWV
Market cap 42.5B · 2,189 employees
Stock · 257 raw → 257 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
0.4217
Linear regression slope.
Intercept
28.5811
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-crwv-daily-20260408-fh3pkp