Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Applovin Corporation Class A Common Stock
META vs APP
+0.760
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
Applovin Corporation Class A Common Stock
↗APP
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
Market cap 139.2B · 898 employees
Time Series
Relative Performance
Who Moves First
META leads APP by 6 days
META tends to move before APP.
After testing 13 timing shifts, the strongest relationship was +0.767 (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
+0.281
17 periods · Return correlation when both series rose
Both Falling
+0.448
8 periods · Return correlation when both series fell
Diverging
-0.620
10 periods · Return correlation when series moved apart
R-Squared
57.8%
Share of variance in one series explained by the other.
Trend Agreement
69.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,107
Deep shared window — 1,107 usable pairs.
Significance
p < 0.001
95% CI: [0.734, 0.784]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,107 paired data points survived the daily window.
Raw input
1,107
1,250
Normalized
1,107
1,250
Prepared
1,107
1,250
Aligned
1,107
1,107
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
143
A: 0 / B: 143
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
Applovin Corporation Class A Common Stock
APP
Market cap 139.2B · 898 employees
Stock · 1,250 raw → 1,250 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
6
Estimated crossover points between normalized spreads.
Slope
0.6191
Linear regression slope.
Intercept
-62.5333
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
APP
Applovin Corporation Class A Common Stock
Highest
+0.934
JPMorgan Chase & Co.
JPM · 1,250 data points
Lowest
+0.426
Exxon Mobil Corporation
XOM · 1,250 data points
Saved 5 hours ago · ID: stock-meta-vs-stock-app-daily-20260408-ufp9ts