Correlation Analysis
Nvidia Corp vs Roper Technologies, Inc. Common Stock
NVDA vs ROP
+0.346
Light 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
Roper Technologies, Inc. Common Stock
↗ROP
Roper Technologies is a holding company focused on acquiring, managing, and developing niche market-leading technology businesses. The company operates a decentralized business model whereby each portfolio company operates independently from the others. Roper positions itself as a free cash flow compounder, whereby excess free cash flow generated by its portfolio businesses is repatriated to the parent company, which is then utilized to acquire additional businesses. Presently, the company operates 30 distinct businesses with over three-fourths of the revenue coming from software products and over two-thirds of the revenue coming from recurring and recurring sources.
Market cap 37.1B · 19,400 employees
Time Series
Rebased to 100
Who Moves First
ROP leads NVDA by 6 days
ROP tends to move before NVDA.
Best correlation after shifting: +0.378 (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
-0.269
14 periods · Return correlation when both series rose
Both Falling
+0.136
7 periods · Return correlation when both series fell
Diverging
-0.282
14 periods · Return correlation when series moved apart
R-Squared
11.9%
Share of variance in one series explained by the other.
Trend Agreement
59.7%
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: [0.296, 0.393]
Scatter
XY Regression
Pipeline
Data quality details
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
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Roper Technologies, Inc. Common Stock
ROP
Market cap 37.1B · 19,400 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
41
Estimated crossover points between normalized spreads.
Slope
0.3397
Linear regression slope.
Intercept
457.3637
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
ROP
Roper Technologies, Inc. Common Stock
Highest
+0.583
Microsoft Corp
MSFT · 1,254 observations
Lowest
-0.606
Johnson & Johnson
JNJ · 1,254 observations
Saved 3 hours ago · ID: stock-nvda-vs-stock-rop-daily-20260408-59sjy7