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Correlation Analysis

Nvidia Corp vs Stryker Corporation

NVDA vs SYK

+0.899

Very strong positive

When one moves up, the other tends to follow.

NVDA logo

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

SYK logo

Stryker Corporation

SYK

Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, extremities, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and orthopedic robotics. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Roughly one-fourth of Stryker's total revenue currently comes from outside the United States.

Market cap 127.3B · 56,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Time Series

Rebased to 100

Green: NVDAGray: SYK36 of 1,254 points (sampled)

Who Moves First

SYK leads NVDA by 6 days

SYK tends to move before NVDA.

Best correlation after shifting: +0.904 (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

+0.332

15 periods · Return correlation when both series rose

Both Falling

+0.270

9 periods · Return correlation when both series fell

Diverging

-0.693

11 periods · Return correlation when series moved apart

R-Squared

80.8%

Share of variance in one series explained by the other.

Trend Agreement

61.1%

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: [0.888, 0.909]

Scatter

XY Regression

-1.7050100150200218182.8200250300350400403.6Nvidia CorpStryker CorporationData pointsFit (r = 0.899)

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

NVDA logo

Nvidia Corp

NVDA

Market cap 4.3T

Stock · 1,254 raw → 1,254 prepared

Series B

SYK logo

Stryker Corporation

SYK

Market cap 127.3B · 56,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

59

Estimated crossover points between normalized spreads.

Slope

0.8360

Linear regression slope.

Intercept

241.2193

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-nvda-vs-stock-syk-daily-20260408-t63x4h