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Correlation Analysis

Meta Platforms, Inc. Class A Common Stock vs The Estee Lauder Companies Inc. Class A

META vs EL

-0.927

Very strong inverse

When one moves up, the other tends to move down.

META logo

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

EL logo

The Estee Lauder Companies Inc. Class A

EL

Estée Lauder is a leader in the global prestige beauty market, participating across skin care (49% of fiscal 2025 sales), makeup (29%), fragrance (17%), and hair care and others (5%). Top-selling brands include Estée Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 31% of revenue from the Americas, 37% from Europe, the Middle East and Africa (including travel retail), and 32% from Asia-Pacific. Estée Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

Market cap 25.7B · 57,000 employees

Jun 30, 2021 — Apr 7, 2026Daily1,107 data pointsStockStockTechnology

Time Series

Relative Performance

Green: METAGray: EL36 of 1,107 points (sampled)

Who Moves First

EL leads META by 6 days

EL tends to move before META.

After testing 13 timing shifts, the strongest relationship was -0.928 (they moved in opposite directions).

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

-0.098

11 periods · Return correlation when both series rose

Both Falling

-0.432

9 periods · Return correlation when both series fell

Diverging

-0.517

15 periods · Return correlation when series moved apart

R-Squared

85.9%

Share of variance in one series explained by the other.

Trend Agreement

61.1%

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: [-0.935, -0.918]

Scatter

XY Regression

-45020040060080081038.250100150200250300350394.7Meta Platforms, Inc. Class A Common StockThe Estee Lauder Companies Inc. Class AData pointsFit (r = -0.927)

Pipeline

Data quality details

Pipeline Summary

1,107 paired data points 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 logo

Meta Platforms, Inc. Class A Common Stock

META

Market cap 1.4T

Stock · 1,107 raw → 1,107 prepared

Series B

EL logo

The Estee Lauder Companies Inc. Class A

EL

Market cap 25.7B · 57,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

3

Estimated crossover points between normalized spreads.

Slope

-0.3445

Linear regression slope.

Intercept

300.1310

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-meta-vs-stock-el-daily-20260408-9583dl