Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Cencora, Inc.
META vs COR
+0.852
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
Cencora, Inc.
↗COR
Cencora is one of three leading domestic pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health hold over 90% share of the US pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.
Market cap 62.4B · 51,000 employees
Time Series
Relative Performance
Who Moves First
META leads COR by 6 days
META tends to move before COR.
After testing 13 timing shifts, the strongest relationship was +0.854 (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
-0.185
18 periods · Return correlation when both series rose
Both Falling
+0.675
6 periods · Return correlation when both series fell
Diverging
-0.748
11 periods · Return correlation when series moved apart
R-Squared
72.5%
Share of variance in one series explained by the other.
Trend Agreement
49.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
777
Deep shared window — 777 usable pairs.
Significance
p < 0.001
95% CI: [0.831, 0.870]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
777 paired data points survived the daily window.
Raw input
1,107
834
Normalized
1,107
834
Prepared
1,107
834
Aligned
777
777
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
387
A: 330 / B: 57
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
Cencora, Inc.
COR
Market cap 62.4B · 51,000 employees
Stock · 834 raw → 834 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.2290
Linear regression slope.
Intercept
136.2213
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 5 hours ago · ID: stock-meta-vs-stock-cor-daily-20260408-763zpl