Correlation Analysis
Nvidia Corp vs Illumina Inc
NVDA vs ILMN
-0.655
Strong 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
Illumina Inc
↗ILMN
Illumina provides tools and services to analyze genetic material with life science and clinical lab applications. The company generates over 90% of its revenue from sequencing instruments, consumables, and services. Illumina's high-throughput technology enables whole genome sequencing in humans and other large organisms. Its lower throughput tools enable applications that require smaller data outputs, such as viral and cancer tumor screening. Illumina also sells microarrays (9% of 2024 sales) that enable lower-cost, focused genetic screening with primarily consumer and agricultural applications.
Market cap 19.5B · 8,650 employees
Who Moves First
ILMN leads NVDA by 6 days
ILMN tends to move before NVDA.
Best correlation after shifting: -0.660 (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
-0.268
12 periods · Return correlation when both series rose
Both Falling
-0.232
7 periods · Return correlation when both series fell
Diverging
-0.537
16 periods · Return correlation when series moved apart
R-Squared
42.9%
Share of variance in one series explained by the other.
Trend Agreement
60.0%
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: [-0.685, -0.622]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
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
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Illumina Inc
ILMN
Market cap 19.5B · 8,650 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-1.2208
Linear regression slope.
Intercept
295.5324
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-ilmn-daily-20260408-uk0cib