Correlation Analysis
Nvidia Corp vs Revolution Medicines, Inc. Common Stock
NVDA vs RVMD
+0.784
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
Revolution Medicines, Inc. Common Stock
↗RVMD
Revolution Medicines Inc is a clinical-stage precision oncology company developing novel targeted therapies for RAS-addicted cancers. The Company possesses structure-based drug discovery capabilities built upon chemical biology and cancer pharmacology know-how and proprietary technologies that enable the creation of small molecules tailored to unconventional binding sites. Its research and development pipeline comprises inhibitors that bind directly to RAS variants (RAS(ON) Inhibitors), designed to be used as monotherapy, in combination with other RAS(ON) Inhibitors and/or other therapeutic agents.
Market cap 18.9B · 883 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads RVMD by 6 days
NVDA tends to move before RVMD.
Best correlation after shifting: +0.792 (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
+0.157
18 periods · Return correlation when both series rose
Both Falling
+0.276
9 periods · Return correlation when both series fell
Diverging
-0.832
8 periods · Return correlation when series moved apart
R-Squared
61.4%
Share of variance in one series explained by the other.
Trend Agreement
58.9%
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: [0.761, 0.804]
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
Revolution Medicines, Inc. Common Stock
RVMD
Market cap 18.9B · 883 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.2458
Linear regression slope.
Intercept
17.6811
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
RVMD
Revolution Medicines, Inc. Common Stock
Highest
+0.930
Micron Technology, Inc.
MU · 1,254 observations
Lowest
+0.571
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-nvda-vs-stock-rvmd-daily-20260408-lwbg6l