Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs PCE
META vs PCE
+0.969
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
PCE
PCE
Time Series
Relative Performance
Who Moves First
META leads PCE by 6 months
META tends to move before PCE.
After testing 13 timing shifts, the strongest relationship was +0.971 (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
+0.442
23 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-0.342
11 periods · Return correlation when series moved apart
R-Squared
93.9%
Share of variance in one series explained by the other.
Trend Agreement
62.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
52
Thin shared window — 52 usable pairs.
Significance
p < 0.001
95% CI: [0.946, 0.982]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
52 paired data points survived the monthly window.
Raw input
1,107
805
Normalized
1,107
805
Prepared
55
805
Aligned
52
52
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
756
A: 3 / B: 753
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 55 prepared
Series B
PCE
FRED · 805 raw → 805 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
6.0660
Linear regression slope.
Intercept
16938.9350
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-meta-vs-fred-pce-monthly-20260408-ujddaa