Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs DGS2
META vs DGS2
+0.477
Moderate 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
DGS2
DGS2
Who Moves First
DGS2 leads META by 6 days
DGS2 tends to move before META.
Best correlation after shifting: +0.479 (13 shifts scanned)
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
+0.492
10 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-0.524
22 periods · Return correlation when series moved apart
R-Squared
22.8%
Share of variance in one series explained by the other.
Trend Agreement
50.6%
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: [0.430, 0.522]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,097 paired observations survived the daily window.
Raw input
1,107
12,457
Normalized
1,107
12,457
Prepared
1,107
12,457
Aligned
1,097
1,097
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,370
A: 10 / B: 11360
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
DGS2
FRED · 12,457 raw → 12,457 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0027
Linear regression slope.
Intercept
2.6215
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
META
Meta Platforms, Inc. Class A Common Stock
Highest
+0.979
PCEC96
PCEC96 · 52 observations
Lowest
-0.939
United Parcel Service, Inc. Class B
UPS · 1,107 observations
Saved 4 hours ago · ID: stock-meta-vs-fred-dgs2-daily-20260408-qwn9l3