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Correlation Analysis

Nvidia Corp vs Viatris Inc. Common Stock

NVDA vs VTRS

-0.101

Weak 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

VTRS logo

Viatris Inc. Common Stock

VTRS

Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. The remaining 60% of sales are derived from its portfolio of legacy products, which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.

Market cap 15.6B · 30,000 employees

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

Time Series

Relative Performance

Green: NVDAGray: VTRS36 of 1,254 points (sampled)

Who Moves First

VTRS leads NVDA by 6 days

VTRS tends to move before NVDA.

After testing 13 timing shifts, the strongest relationship was -0.120 (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

-0.371

14 periods · Return correlation when both series rose

Both Falling

+0.616

7 periods · Return correlation when both series fell

Diverging

-0.468

14 periods · Return correlation when series moved apart

R-Squared

1.0%

Share of variance in one series explained by the other.

Trend Agreement

55.0%

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: [-0.156, -0.046]

Scatter

XY Regression

-1.70501001502002186.9781012141616.44Nvidia CorpViatris Inc. Common StockData pointsFit (r = -0.101)

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

VTRS logo

Viatris Inc. Common Stock

VTRS

Market cap 15.6B · 30,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

-0.0031

Linear regression slope.

Intercept

11.6064

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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