Correlation Analysis
Nvidia Corp vs RBC Bearings Incorporated
NVDA vs RBC
+0.894
Very strong 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
RBC Bearings Incorporated
↗RBC
RBC Bearings Inc is an international manufacturer and marketer of engineered precision bearings, components, and essential systems for the industrial, defense, and aerospace industries. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The company has two reportable segments: Industrial, which derives maximum revenue, and Aerospace/Defense. The Aerospace/Defense segment represents the end markets for the company's engineered bearings and precision components used in commercial aerospace, defense aerospace, and sea and ground defense applications; and the Industrial segment represents the end markets for its products used in various industrial applications. Geographically, the company generates a majority of its revenue from the United States.
Market cap 17.5B · 5,334 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads RBC by 6 days
NVDA tends to move before RBC.
Best correlation after shifting: +0.895 (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
-0.006
12 periods · Return correlation when both series rose
Both Falling
+0.612
5 periods · Return correlation when both series fell
Diverging
-0.526
18 periods · Return correlation when series moved apart
R-Squared
79.9%
Share of variance in one series explained by the other.
Trend Agreement
57.8%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,009
Deep shared window — 1,009 usable pairs.
Significance
p < 0.001
95% CI: [0.881, 0.905]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,009 paired observations survived the daily window.
Raw input
1,254
1,009
Normalized
1,254
1,009
Prepared
1,254
1,009
Aligned
1,009
1,009
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
245
A: 245 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
RBC Bearings Incorporated
RBC
Market cap 17.5B · 5,334 employees
Stock · 1,009 raw → 1,009 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
35
Estimated crossover points between normalized spreads.
Slope
1.4608
Linear regression slope.
Intercept
157.9250
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-rbc-daily-20260408-90cunh