Correlation Analysis
Nvidia Corp vs Medline Inc. Class A common stock
NVDA vs MDLN
+0.317
Light 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
Medline Inc. Class A common stock
↗MDLN
Medline is the largest medical-surgical products and supply chain solutions provider in the US. The company generates over 90% of its revenue domestically and serves some of the largest US health systems. Medline offers approximately 190,000 Medline-branded products across more than 250 product families—including front line care, surgical solutions, and laboratory and diagnostics—as well as roughly 150,000 third-party products sourced from over 1,250 vendors. The company maintains prime vendor relationships with many customers, acting as the primary consolidated logistics partner for their medical-surgical needs. Medline has significant scale, supported by more than 30 manufacturing facilities and a fleet of over 2,000 owned delivery trucks. Medline went public in December 2025.
Market cap 35.6B · 45,000 employees
Who Moves First
in sync
NVDA and MDLN tend to move at the same time.
Best correlation after shifting: +0.317 (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
+0.318
11 periods · Return correlation when both series rose
Both Falling
-0.568
7 periods · Return correlation when both series fell
Diverging
-0.547
17 periods · Return correlation when series moved apart
R-Squared
10.0%
Share of variance in one series explained by the other.
Trend Agreement
51.4%
How often both series moved in the same direction period-to-period.
Overlap Quality
75
Thin shared window — 75 usable pairs.
Significance
p < 0.01
95% CI: [0.097, 0.507]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
75 paired observations survived the daily window.
Raw input
1,254
75
Normalized
1,254
75
Prepared
1,254
75
Aligned
75
75
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,179
A: 1179 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Medline Inc. Class A common stock
MDLN
Market cap 35.6B · 45,000 employees
Stock · 75 raw → 75 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
0.1213
Linear regression slope.
Intercept
21.6638
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-mdln-daily-20260408-how050