Correlation Analysis
Nvidia Corp vs United Parcel Service, Inc. Class B
NVDA vs UPS
-0.910
Very strong inverse
When one moves up, the other tends to move down.
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
United Parcel Service, Inc. Class B
↗UPS
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.
Market cap 82.6B · 460,000 employees
Time Series
Relative Performance
Who Moves First
UPS leads NVDA by 6 days
UPS tends to move before NVDA.
After testing 13 timing shifts, the strongest relationship was -0.914 (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
-0.494
13 periods · Return correlation when both series rose
Both Falling
-0.435
8 periods · Return correlation when both series fell
Diverging
-0.368
14 periods · Return correlation when series moved apart
R-Squared
82.9%
Share of variance in one series explained by the other.
Trend Agreement
58.2%
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: [-0.919, -0.900]
Scatter
XY Regression
Pipeline
Data quality details
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
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
United Parcel Service, Inc. Class B
UPS
Market cap 82.6B · 460,000 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-0.5834
Linear regression slope.
Intercept
199.7072
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 5 hours ago · ID: stock-nvda-vs-stock-ups-daily-20260408-iya09y