Correlation Analysis
Nvidia Corp vs Rocket Lab Corporation Common Stock
NVDA vs RKLB
+0.794
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
Rocket Lab Corporation Common Stock
↗RKLB
Rocket Lab Corp is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments Launch Services and Space Systems. Geographically it serves Japan, and rest of the world and earns key revenue from the United States.
Market cap 38.5B · 2,600 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads RKLB by 6 days
NVDA tends to move before RKLB.
Best correlation after shifting: +0.797 (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
+0.751
13 periods · Return correlation when both series rose
Both Falling
+0.960
7 periods · Return correlation when both series fell
Diverging
-0.333
15 periods · Return correlation when series moved apart
R-Squared
63.0%
Share of variance in one series explained by the other.
Trend Agreement
63.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,158
Deep shared window — 1,158 usable pairs.
Significance
p < 0.001
95% CI: [0.772, 0.814]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,158 paired observations survived the daily window.
Raw input
1,254
1,158
Normalized
1,254
1,158
Prepared
1,254
1,158
Aligned
1,158
1,158
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
96
A: 96 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Rocket Lab Corporation Common Stock
RKLB
Market cap 38.5B · 2,600 employees
Stock · 1,158 raw → 1,158 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.2667
Linear regression slope.
Intercept
-3.9121
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
NVDA
Nvidia Corp
Highest
+0.983
Arista Networks
ANET · 1,254 observations
Lowest
-0.910
United Parcel Service, Inc. Class B
UPS · 1,254 observations
RKLB
Rocket Lab Corporation Common Stock
Highest
+0.907
Alphabet Inc. Class C Capital Stock
GOOG · 1,158 observations
Lowest
+0.451
Exxon Mobil Corporation
XOM · 1,158 observations
Saved 3 hours ago · ID: stock-nvda-vs-stock-rklb-daily-20260408-wd08pd