Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs DGS10
META vs DGS10
+0.746
Strong positive
When one moves up, the other tends to follow.
Meta Platforms, Inc. Class A Common Stock
↗META
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.
Market cap 1.4T
DGS10
DGS10
Time Series
Relative Performance
Who Moves First
in sync
META and DGS10 tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.746 (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
+0.692
10 periods · Return correlation when both series rose
Both Falling
+0.961
5 periods · Return correlation when both series fell
Diverging
-0.416
20 periods · Return correlation when series moved apart
R-Squared
55.6%
Share of variance in one series explained by the other.
Trend Agreement
49.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,097
Deep shared window — 1,097 usable pairs.
Significance
p < 0.001
95% CI: [0.718, 0.771]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,097 paired data points survived the daily window.
Raw input
1,107
16,049
Normalized
1,107
16,049
Prepared
1,107
16,049
Aligned
1,097
1,097
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
14,962
A: 10 / B: 14952
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
DGS10
FRED · 16,049 raw → 16,049 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0030
Linear regression slope.
Intercept
2.5565
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
META
Meta Platforms, Inc. Class A Common Stock
Highest
+0.979
PCEC96
PCEC96 · 52 data points
Lowest
-0.939
United Parcel Service, Inc. Class B
UPS · 1,107 data points
Saved 6 hours ago · ID: stock-meta-vs-fred-dgs10-daily-20260408-35y3jk