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Correlation Analysis

Nvidia Corp vs Cloudflare, Inc. Class A common stock, par value $0.001 per share

NVDA vs NET

+0.709

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

NET logo

Cloudflare, Inc. Class A common stock, par value $0.001 per share

NET

Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.

Market cap 74.5B · 5,156 employees

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

Who Moves First

in sync

NVDA and NET tend to move at the same time.

Best correlation after shifting: +0.709 (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

+0.225

16 periods · Return correlation when both series rose

Both Falling

+0.736

9 periods · Return correlation when both series fell

Diverging

-0.429

10 periods · Return correlation when series moved apart

R-Squared

50.3%

Share of variance in one series explained by the other.

Trend Agreement

69.0%

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: [0.681, 0.736]

Time Series

Rebased to 100

Green: NVDAGray: NET36 of 1,254 points (sampled)

Scatter

XY Regression

-1.705010015020021832.450100150200237.1Nvidia CorpCloudflare, Inc. Class A common stock, par value $0.001 per shareData pointsFit (r = 0.709)

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

NET logo

Cloudflare, Inc. Class A common stock, par value $0.001 per share

NET

Market cap 74.5B · 5,156 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

70

Estimated crossover points between normalized spreads.

Slope

0.6112

Linear regression slope.

Intercept

60.8881

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-nvda-vs-stock-net-daily-20260408-to2kli