Correlation Analysis
Nvidia Corp vs Toast, Inc.
NVDA vs TOST
+0.564
Moderate 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
Toast, Inc.
↗TOST
Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.
Market cap 15.9B · 6,500 employees
Time Series
Rebased to 100
Who Moves First
NVDA leads TOST by 6 days
NVDA tends to move before TOST.
Best correlation after shifting: +0.587 (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
+0.500
12 periods · Return correlation when both series rose
Both Falling
-0.263
11 periods · Return correlation when both series fell
Diverging
-0.317
12 periods · Return correlation when series moved apart
R-Squared
31.8%
Share of variance in one series explained by the other.
Trend Agreement
64.9%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,139
Deep shared window — 1,139 usable pairs.
Significance
p < 0.001
95% CI: [0.523, 0.603]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,139 paired observations survived the daily window.
Raw input
1,254
1,139
Normalized
1,254
1,139
Prepared
1,254
1,139
Aligned
1,139
1,139
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
115
A: 115 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Toast, Inc.
TOST
Market cap 15.9B · 6,500 employees
Stock · 1,139 raw → 1,139 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0950
Linear regression slope.
Intercept
19.6852
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-nvda-vs-stock-tost-daily-20260408-a5mbm2