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Correlation Analysis

Nvidia Corp vs International Flavors & Fragrances Inc.

NVDA vs IFF

-0.643

Moderate inverse

When one moves up, the other tends to move down.

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

IFF logo

International Flavors & Fragrances Inc.

IFF

International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. Through its taste and scent segments, which each generate around 25% of profits, IFF is a leading flavor and fragrances producer. The health and biosciences business, which generates 30% of profits, is a global leader in probiotics and enzymes. The remaining profits come from the food ingredients business, which sells texturants, plant-based proteins, and other ingredients, though IFF plans to divest this business in the future.

Market cap 18.3B · 21,500 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Who Moves First

IFF leads NVDA by 6 days

IFF tends to move before NVDA.

Best correlation after shifting: -0.644 (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

-0.159

14 periods · Return correlation when both series rose

Both Falling

+0.116

9 periods · Return correlation when both series fell

Diverging

-0.430

12 periods · Return correlation when series moved apart

R-Squared

41.3%

Share of variance in one series explained by the other.

Trend Agreement

56.1%

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: [-0.674, -0.609]

Time Series

Rebased to 100

Green: NVDAGray: IFF36 of 1,254 points (sampled)

Scatter

XY Regression

-1.705010015020021856.46080100120140154.3Nvidia CorpInternational Flavors & Fragrances Inc.Data pointsFit (r = -0.643)

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

IFF logo

International Flavors & Fragrances Inc.

IFF

Market cap 18.3B · 21,500 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

11

Estimated crossover points between normalized spreads.

Slope

-0.2850

Linear regression slope.

Intercept

119.9486

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-nvda-vs-stock-iff-daily-20260408-kypg74