Correlation Analysis
Nvidia Corp vs Robinhood Markets, Inc. Class A Common Stock
NVDA vs HOOD
+0.815
Strong 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
Robinhood Markets, Inc. Class A Common Stock
↗HOOD
Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large and quickly growing US brokerage market.
Market cap 62.8B · 2,900 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads HOOD by 6 days
NVDA tends to move before HOOD.
Best correlation after shifting: +0.817 (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
+0.453
19 periods · Return correlation when both series rose
Both Falling
+0.073
8 periods · Return correlation when both series fell
Diverging
+0.127
8 periods · Return correlation when series moved apart
R-Squared
66.4%
Share of variance in one series explained by the other.
Trend Agreement
66.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,177
Deep shared window — 1,177 usable pairs.
Significance
p < 0.001
95% CI: [0.795, 0.833]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,177 paired observations survived the daily window.
Raw input
1,254
1,177
Normalized
1,254
1,177
Prepared
1,254
1,177
Aligned
1,177
1,177
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
77
A: 77 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Robinhood Markets, Inc. Class A Common Stock
HOOD
Market cap 62.8B · 2,900 employees
Stock · 1,177 raw → 1,177 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.4855
Linear regression slope.
Intercept
-3.0000
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
NVDA
Nvidia Corp
Highest
+0.983
Arista Networks
ANET · 1,254 observations
Lowest
-0.910
United Parcel Service, Inc. Class B
UPS · 1,254 observations
HOOD
Robinhood Markets, Inc. Class A Common Stock
Highest
+0.884
JPMorgan Chase & Co.
JPM · 1,177 observations
Lowest
+0.288
Exxon Mobil Corporation
XOM · 1,177 observations
Saved 3 hours ago · ID: stock-nvda-vs-stock-hood-daily-20260408-kzxkqp