Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Corpay, Inc.
META vs CPAY
+0.341
Light 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
Corpay, Inc.
↗CPAY
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. The company offers payment and spend management solutions, including accounts payable automation, cross-border payments, commercial card programs, vehicle payment solutions, and lodging payment services. Its reportable segments are: Corporate Payments, Vehicle Payments, Lodging Payments and Other. The majority of the company's revenue is derived from the Vehicle Payments segment, which helps customers to pay for vehicle related expenses. Geographically, it derives the maximum revenue from the United States and the rest from Brazil, the United Kingdom and other countries.
Market cap 20.3B · 11,800 employees
Time Series
Relative Performance
Who Moves First
CPAY leads META by 6 days
CPAY tends to move before META.
After testing 13 timing shifts, the strongest relationship was +0.355 (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
-0.290
11 periods · Return correlation when both series rose
Both Falling
-0.194
11 periods · Return correlation when both series fell
Diverging
-0.743
13 periods · Return correlation when series moved apart
R-Squared
11.6%
Share of variance in one series explained by the other.
Trend Agreement
57.3%
How often both series moved in the same direction period-to-period.
Overlap Quality
510
Robust shared window — 510 usable pairs.
Significance
p < 0.001
95% CI: [0.262, 0.416]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
510 paired data points survived the daily window.
Raw input
1,107
510
Normalized
1,107
510
Prepared
1,107
510
Aligned
510
510
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
597
A: 597 / B: 0
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
Corpay, Inc.
CPAY
Market cap 20.3B · 11,800 employees
Stock · 510 raw → 510 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
14
Estimated crossover points between normalized spreads.
Slope
0.1205
Linear regression slope.
Intercept
243.8436
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 7 hours ago · ID: stock-meta-vs-stock-cpay-daily-20260408-u1ax5p