Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs UNRATE
META vs UNRATE
+0.088
Weak 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
UNRATE
UNRATE
Time Series
Relative Performance
Who Moves First
META leads UNRATE by 6 months
META tends to move before UNRATE.
After testing 13 timing shifts, the strongest relationship was +0.881 (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
-0.103
8 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-0.367
24 periods · Return correlation when series moved apart
R-Squared
0.8%
Share of variance in one series explained by the other.
Trend Agreement
45.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
53
Thin shared window — 53 usable pairs.
Significance
n.s.
95% CI: [-0.187, 0.350]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
53 paired data points survived the monthly window.
Raw input
1,107
938
Normalized
1,107
938
Prepared
55
938
Aligned
53
53
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
887
A: 2 / B: 885
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 55 prepared
Series B
UNRATE
FRED · 938 raw → 938 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0002
Linear regression slope.
Intercept
3.9760
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-unrate-monthly-20260408-isr22a