Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Cisco Systems, Inc. Common Stock (DE)
META vs CSCO
+0.585
Moderate 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
Cisco Systems, Inc. Common Stock (DE)
↗CSCO
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
Market cap 317.7B
Time Series
Rebased to 100
Who Moves First
META leads CSCO by 6 days
META tends to move before CSCO.
Best correlation after shifting: +0.597 (13 shifts scanned)
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
+0.524
13 periods · Return correlation when both series rose
Both Falling
+0.430
5 periods · Return correlation when both series fell
Diverging
-0.818
17 periods · Return correlation when series moved apart
R-Squared
34.2%
Share of variance in one series explained by the other.
Trend Agreement
60.8%
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: [0.545, 0.622]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,107 paired observations survived the daily window.
Raw input
1,107
1,254
Normalized
1,107
1,254
Prepared
1,107
1,254
Aligned
1,107
1,107
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
147
A: 0 / B: 147
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
Cisco Systems, Inc. Common Stock (DE)
CSCO
Market cap 317.7B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0242
Linear regression slope.
Intercept
46.7095
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
META
Meta Platforms, Inc. Class A Common Stock
Highest
+0.979
PCEC96
PCEC96 · 52 observations
Lowest
-0.939
United Parcel Service, Inc. Class B
UPS · 1,107 observations
CSCO
Cisco Systems, Inc. Common Stock (DE)
Highest
+0.844
JPMorgan Chase & Co.
JPM · 1,254 observations
Lowest
+0.326
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-meta-vs-stock-csco-daily-20260408-3i19yd