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Correlation Analysis

Nvidia Corp vs Strategy Inc Common Stock Class A

NVDA vs MSTR

+0.801

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

MSTR logo

Strategy Inc Common Stock Class A

MSTR

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education). Geographically, the company operates in EMEA, U.S. and Other Regions, of which maximum revenue is derived from U.S..

Market cap 44.1B · 1,539 employees

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

Who Moves First

MSTR leads NVDA by 6 days

MSTR tends to move before NVDA.

Best correlation after shifting: +0.808 (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

+0.753

14 periods · Return correlation when both series rose

Both Falling

+0.503

7 periods · Return correlation when both series fell

Diverging

-0.671

14 periods · Return correlation when series moved apart

R-Squared

64.2%

Share of variance in one series explained by the other.

Trend Agreement

64.7%

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: [0.781, 0.820]

Time Series

Rebased to 100

Green: NVDAGray: MSTR36 of 1,254 points (sampled)

Scatter

XY Regression

-1.7050100150200218-160100200300400459Nvidia CorpStrategy Inc Common Stock Class AData pointsFit (r = 0.801)

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

MSTR logo

Strategy Inc Common Stock Class A

MSTR

Market cap 44.1B · 1,539 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

43

Estimated crossover points between normalized spreads.

Slope

1.5958

Linear regression slope.

Intercept

6.5117

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-nvda-vs-stock-mstr-daily-20260408-75h5kf