Correlation Analysis
Nvidia Corp vs Block, Inc.
NVDA vs XYZ
+0.265
Light 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
Block, Inc.
↗XYZ
Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.
Market cap 36.4B · 10,205 employees
Time Series
Relative Performance
Who Moves First
NVDA leads XYZ by 6 days
NVDA tends to move before XYZ.
After testing 13 timing shifts, the strongest relationship was +0.295 (they moved in the same direction).
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
+0.172
11 periods · Return correlation when both series rose
Both Falling
+0.506
7 periods · Return correlation when both series fell
Diverging
-0.485
17 periods · Return correlation when series moved apart
R-Squared
7.0%
Share of variance in one series explained by the other.
Trend Agreement
63.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
304
Robust shared window — 304 usable pairs.
Significance
p < 0.001
95% CI: [0.157, 0.367]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
304 paired data points survived the daily window.
Raw input
1,254
304
Normalized
1,254
304
Prepared
1,254
304
Aligned
304
304
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
950
A: 950 / B: 0
Series A
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Block, Inc.
XYZ
Market cap 36.4B · 10,205 employees
Stock · 304 raw → 304 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
0.0892
Linear regression slope.
Intercept
52.4096
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 5 hours ago · ID: stock-nvda-vs-stock-xyz-daily-20260408-ptt2cx