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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.

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

HOOD logo

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

Jul 29, 2021 — Apr 7, 2026Daily1,177 observationsStockStockTechnology

Time Series

Rebased to 100

Green: NVDAGray: HOOD36 of 1,177 points (sampled)

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

-2.5050100150200202.3-1.1020406080100120140140.1Nvidia CorpRobinhood Markets, Inc. Class A Common StockData pointsFit (r = 0.815)

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

NVDA logo

Nvidia Corp

NVDA

Market cap 4.3T

Stock · 1,254 raw → 1,254 prepared

Series B

HOOD logo

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

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