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Correlation Analysis

Nvidia Corp vs Morgan Stanley

NVDA vs MS

+0.877

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

MS logo

Morgan Stanley

MS

Morgan Stanley is a massive global financial services firm, with offices in 42 countries and more than 82,000 employees as of year-end 2025. The firm cut its teeth in investment banking and institutional trading, where it maintains a strong presence today, but generates the lion share of its income from wealth and asset management franchises, where it boasted $9.3 trillion in client assets at the end of its most recent fiscal year. After reincorporation as a bank holding company in the wake of the global financial crisis, Morgan Stanley also boasts a top 10 banking franchise by deposits, with more than $400 billion in customer deposits, predominately attributable to cash sweeps from its wealth management and brokerage businesses.

Market cap 263.4B · 83,000 employees

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

Who Moves First

NVDA leads MS by 6 days

NVDA tends to move before MS.

Best correlation after shifting: +0.879 (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

+0.514

18 periods · Return correlation when both series rose

Both Falling

+0.903

6 periods · Return correlation when both series fell

Diverging

-0.629

11 periods · Return correlation when series moved apart

R-Squared

77.0%

Share of variance in one series explained by the other.

Trend Agreement

63.8%

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: [0.864, 0.889]

Time Series

Rebased to 100

Green: NVDAGray: MS36 of 1,254 points (sampled)

Scatter

XY Regression

-1.705010015020021862.180100120140160180185.5Nvidia CorpMorgan StanleyData pointsFit (r = 0.877)

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

MS logo

Morgan Stanley

MS

Market cap 263.4B · 83,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

13

Estimated crossover points between normalized spreads.

Slope

0.4056

Linear regression slope.

Intercept

75.6446

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-nvda-vs-stock-ms-daily-20260408-vkcsm3