Correlation Analysis
Nvidia Corp vs Hologic Inc
NVDA vs HOLX
-0.112
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
Hologic Inc
↗HOLX
Hologic manufactures proprietary products for the healthcare needs of women. The company operates in four segments: diagnostics (44% of total sales), breast health (38%), surgical (16%), and skeletal health (2%). While the company traditionally focused on breast health, the acquisition of Gen-Probe put greater emphasis on commercial diagnostics. The United States accounts for the largest portion of the firm's revenue (69%), followed by Europe (20%), Asia (8%), and other international markets (3%). Hologic is headquartered in Bedford, Massachusetts.
Market cap 17B · 7,070 employees
Who Moves First
HOLX leads NVDA by 6 days
HOLX tends to move before NVDA.
Best correlation after shifting: -0.120 (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
-0.570
14 periods · Return correlation when both series rose
Both Falling
-0.164
9 periods · Return correlation when both series fell
Diverging
-0.347
12 periods · Return correlation when series moved apart
R-Squared
1.3%
Share of variance in one series explained by the other.
Trend Agreement
55.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,253
Deep shared window — 1,253 usable pairs.
Significance
p < 0.001
95% CI: [-0.166, -0.057]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,253 paired observations survived the daily window.
Raw input
1,254
1,253
Normalized
1,254
1,253
Prepared
1,254
1,253
Aligned
1,253
1,253
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1
A: 1 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Hologic Inc
HOLX
Market cap 17B · 7,070 employees
Stock · 1,253 raw → 1,253 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0111
Linear regression slope.
Intercept
73.7437
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-holx-daily-20260408-9u6gpy