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Correlation Analysis

Nvidia Corp vs Digital Realty Trust, Inc.

NVDA vs DLR

+0.675

Strong positive

When one moves up, the other tends to follow.

NVDA logo

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

DLR logo

Digital Realty Trust, Inc.

DLR

Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).

Market cap 62.5B · 4,282 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnologyReal Estate

Who Moves First

in sync

NVDA and DLR tend to move at the same time.

Best correlation after shifting: +0.675 (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

+0.380

19 periods · Return correlation when both series rose

Both Falling

+0.229

9 periods · Return correlation when both series fell

Diverging

-0.265

7 periods · Return correlation when series moved apart

R-Squared

45.5%

Share of variance in one series explained by the other.

Trend Agreement

61.6%

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: [0.643, 0.704]

Time Series

Rebased to 100

Green: NVDAGray: DLR36 of 1,254 points (sampled)

Scatter

XY Regression

-1.705010015020021882.8100120140160180190.2Nvidia CorpDigital Realty Trust, Inc.Data pointsFit (r = 0.675)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations 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

NVDA logo

Nvidia Corp

NVDA

Market cap 4.3T

Stock · 1,254 raw → 1,254 prepared

Series B

DLR logo

Digital Realty Trust, Inc.

DLR

Market cap 62.5B · 4,282 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

17

Estimated crossover points between normalized spreads.

Slope

0.2700

Linear regression slope.

Intercept

123.6233

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-nvda-vs-stock-dlr-daily-20260408-3k5wox