Correlation Analysis
Nvidia Corp vs EXAS
NVDA vs EXAS
-0.102
Weak inverse
When one moves up, the other tends to move down.
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
EXAS
EXAS
Who Moves First
EXAS leads NVDA by 6 days
EXAS tends to move before NVDA.
Best correlation after shifting: -0.118 (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
-0.471
12 periods · Return correlation when both series rose
Both Falling
+0.309
6 periods · Return correlation when both series fell
Diverging
-0.180
17 periods · Return correlation when series moved apart
R-Squared
1.0%
Share of variance in one series explained by the other.
Trend Agreement
59.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,243
Deep shared window — 1,243 usable pairs.
Significance
p < 0.001
95% CI: [-0.156, -0.046]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,243 paired observations survived the daily window.
Raw input
1,254
1,243
Normalized
1,254
1,243
Prepared
1,254
1,243
Aligned
1,243
1,243
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11
A: 11 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
EXAS
Stock · 1,243 raw → 1,243 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0378
Linear regression slope.
Intercept
71.7302
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-exas-daily-20260408-ecumyb