Correlation Analysis
Nvidia Corp vs Coterra Energy Inc.
NVDA vs CTRA
+0.030
Near-zero 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
Coterra Energy Inc.
↗CTRA
Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.
Market cap 26.3B · 1,075 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads CTRA by 6 days
NVDA tends to move before CTRA.
Best correlation after shifting: +0.034 (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
-0.474
10 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-0.449
22 periods · Return correlation when series moved apart
R-Squared
0.1%
Share of variance in one series explained by the other.
Trend Agreement
54.3%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,131
Deep shared window — 1,131 usable pairs.
Significance
n.s.
95% CI: [-0.028, 0.088]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,131 paired observations survived the daily window.
Raw input
1,254
1,131
Normalized
1,254
1,131
Prepared
1,254
1,131
Aligned
1,131
1,131
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
123
A: 123 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Coterra Energy Inc.
CTRA
Market cap 26.3B · 1,075 employees
Stock · 1,131 raw → 1,131 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.0014
Linear regression slope.
Intercept
26.0001
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-ctra-daily-20260408-pmt9ui