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Correlation Analysis

Nvidia Corp vs ITT Inc.

NVDA vs ITT

+0.968

Very 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

ITT logo

ITT Inc.

ITT

ITT began its journey as International Telephone & Telegraph in 1920. Through decades of acquisitions in the mid-1900s, ITT went from manufacturing telephone switching equipment to operating hotels, car rentals, insurance agencies, and bread bakeries. In 1995, the firm split into three separate entities, one of which is the ITT in current operation. After a few more spinoffs in 2011, today ITT Inc. sells automotive, industrial, and aerospace products such as brake pads, seals, pumps, valves, connectors, and regulators. It has operations around the globe with notable exposures to North America, Europe, and Asia.

Market cap 17.4B · 11,600 employees

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

Time Series

Rebased to 100

Green: NVDAGray: ITT36 of 1,254 points (sampled)

Who Moves First

in sync

NVDA and ITT tend to move at the same time.

Best correlation after shifting: +0.968 (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

+0.314

19 periods · Return correlation when both series rose

Both Falling

+0.866

9 periods · Return correlation when both series fell

Diverging

-0.277

7 periods · Return correlation when series moved apart

R-Squared

93.8%

Share of variance in one series explained by the other.

Trend Agreement

63.4%

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: [0.965, 0.972]

Scatter

XY Regression

-1.705010015020021859.46080100120140160180200209.5Nvidia CorpITT Inc.Data pointsFit (r = 0.968)

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

ITT logo

ITT Inc.

ITT

Market cap 17.4B · 11,600 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

17

Estimated crossover points between normalized spreads.

Slope

0.5712

Linear regression slope.

Intercept

73.5168

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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