Correlation Analysis
Nvidia Corp vs The Sherwin-Williams Company
NVDA vs SHW
+0.783
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
The Sherwin-Williams Company
↗SHW
Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 4,800 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.
Market cap 78.3B · 64,249 employees
Time Series
Rebased to 100
Who Moves First
SHW leads NVDA by 6 days
SHW tends to move before NVDA.
Best correlation after shifting: +0.784 (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
-0.191
15 periods · Return correlation when both series rose
Both Falling
-0.002
9 periods · Return correlation when both series fell
Diverging
-0.679
11 periods · Return correlation when series moved apart
R-Squared
61.4%
Share of variance in one series explained by the other.
Trend Agreement
58.6%
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
The Sherwin-Williams Company
SHW
Market cap 78.3B · 64,249 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
81
Estimated crossover points between normalized spreads.
Slope
0.6225
Linear regression slope.
Intercept
251.4417
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-shw-daily-20260408-m65zyz