Correlation Analysis
Nvidia Corp vs Samsara Inc.
NVDA vs IOT
+0.778
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
Samsara Inc.
↗IOT
Samsara Inc provides an end-to-end solution for operations. The company's Connected Operations Platform consolidates data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and makes it easy for organizations to access, analyze, and act on data insights using its cloud dashboard, custom alerts and reports, mobile apps, and workflows. The company derives almost all of its revenue from subscription services. Geographically, it derives a majority of its revenue from the United States. The company's customers range from small and medium-sized businesses to state and local governments.
Market cap 18.3B · 4,100 employees
Who Moves First
IOT leads NVDA by 6 days
IOT tends to move before NVDA.
Best correlation after shifting: +0.783 (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
+0.152
15 periods · Return correlation when both series rose
Both Falling
+0.412
10 periods · Return correlation when both series fell
Diverging
-0.763
10 periods · Return correlation when series moved apart
R-Squared
60.5%
Share of variance in one series explained by the other.
Trend Agreement
65.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,080
Deep shared window — 1,080 usable pairs.
Significance
p < 0.001
95% CI: [0.753, 0.801]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,080 paired observations survived the daily window.
Raw input
1,254
1,080
Normalized
1,254
1,080
Prepared
1,254
1,080
Aligned
1,080
1,080
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
174
A: 174 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Samsara Inc.
IOT
Market cap 18.3B · 4,100 employees
Stock · 1,080 raw → 1,080 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
0.1537
Linear regression slope.
Intercept
16.4268
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-iot-daily-20260408-w2qobr