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Correlation Analysis

Nvidia Corp vs T Rowe Price Group Inc

NVDA vs TROW

-0.503

Moderate inverse

When one moves up, the other tends to move down.

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

TROW logo

T Rowe Price Group Inc

TROW

T. Rowe Price provides asset management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of 2025, the firm had $1.776 trillion in managed assets, composed of equity (49%), balanced (36%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two-thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a US-based asset manager, deriving less than 10% of its AUM from overseas.

Market cap 19.4B · 7,773 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnology

Time Series

Relative Performance

Green: NVDAGray: TROW36 of 1,254 points (sampled)

Who Moves First

TROW leads NVDA by 6 days

TROW tends to move before NVDA.

After testing 13 timing shifts, the strongest relationship was -0.504 (they moved in opposite directions).

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

+0.152

14 periods · Return correlation when both series rose

Both Falling

+0.166

9 periods · Return correlation when both series fell

Diverging

-0.099

12 periods · Return correlation when series moved apart

R-Squared

25.3%

Share of variance in one series explained by the other.

Trend Agreement

64.6%

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: [-0.543, -0.460]

Scatter

XY Regression

-1.705010015020021871.980100120140160180200220227.3Nvidia CorpT Rowe Price Group IncData pointsFit (r = -0.503)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

TROW logo

T Rowe Price Group Inc

TROW

Market cap 19.4B · 7,773 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

15

Estimated crossover points between normalized spreads.

Slope

-0.2857

Linear regression slope.

Intercept

146.9040

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-nvda-vs-stock-trow-daily-20260408-io7b33