Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs PAYEMS
META vs PAYEMS
+0.880
Very 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
PAYEMS
PAYEMS
Time Series
Relative Performance
Who Moves First
PAYEMS leads META by 6 months
PAYEMS tends to move before META.
After testing 13 timing shifts, the strongest relationship was +0.898 (they moved in the same direction).
Stability
Rolling Correlation
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
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
+0.505
19 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-0.059
15 periods · Return correlation when series moved apart
R-Squared
77.4%
Share of variance in one series explained by the other.
Trend Agreement
54.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
54
Thin shared window — 54 usable pairs.
Significance
p < 0.001
95% CI: [0.800, 0.929]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
54 paired data points survived the monthly window.
Raw input
1,107
1,047
Normalized
1,107
1,047
Prepared
55
1,047
Aligned
54
54
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
994
A: 1 / B: 993
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 55 prepared
Series B
PAYEMS
FRED · 1,047 raw → 1,047 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
12.8030
Linear regression slope.
Intercept
150743.9350
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 8 hours ago · ID: stock-meta-vs-fred-payems-monthly-20260408-h2kuj2