SeriesMag|r|OverlapThrough
Correlation Analysis
AMZN vs NVDA
These move together about 70% of the time
Strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.
Market cap 2.3T
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
What to Watch
NVDA moves ~6 days before AMZN
Watch NVDA for an early read on AMZN.
Holds across regimes
Correlation is similar when markets rise (+0.71) and fall (+0.60) — reliable in both directions.
Time Series
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
-6 days
Correlation at this shift
+0.849
+0.00 stronger than no-shift baseline
Nvidia Corp shifted 6 days later. Reads: "Does Amazon.Com Inc today line up with Nvidia Corp 6 days ago?"
1,248 overlapping points at this shift
Time series with Nvidia Corp shifted 6 days later
Indexed to 100 at start
Deep Dive
Do They Crash Together?
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
+0.712
16 periods · Return correlation when both series rose
Both Falling
+0.600
6 periods · Return correlation when both series fell
Diverging
-0.476
13 periods · Return correlation when series moved apart
Scatter
r
+0.848
Pearson correlation
95% CI
0.83 → 0.86
Likely range
R²
71.9%
Variance explained
Trend agreement
69.7%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,254
Deep
Pipeline
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
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Amazon.Com Inc
AMZN
Market cap 2.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Nvidia Corp
NVDA
Market cap 4.3T
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
35
Estimated crossover points between normalized spreads.
Slope
1.2303
Linear regression slope.
Intercept
-128.8620
Linear regression intercept.
Saved 3 weeks ago · ID: stock-amzn-vs-stock-nvda-daily-20260408-8iezrb