Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Fidelity National Information Services, Inc.
META vs FIS
-0.471
Moderate inverse
When one moves up, the other tends to move down.
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
Fidelity National Information Services, Inc.
↗FIS
Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. In a recent deal with Global Payments, FIS sold off its remaining interest in Worldpay and acquired Global Payment's issuer processing business.
Market cap 24B · 44,000 employees
Time Series
Rebased to 100
Who Moves First
in sync
META and FIS tend to move at the same time.
Best correlation after shifting: -0.471 (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
-0.269
14 periods · Return correlation when both series rose
Both Falling
-0.215
10 periods · Return correlation when both series fell
Diverging
-0.529
11 periods · Return correlation when series moved apart
R-Squared
22.2%
Share of variance in one series explained by the other.
Trend Agreement
57.2%
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: [-0.516, -0.424]
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
Fidelity National Information Services, Inc.
FIS
Market cap 24B · 44,000 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
-0.0429
Linear regression slope.
Intercept
93.6288
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
FIS
Fidelity National Information Services, Inc.
Highest
-0.050
Tesla, Inc. Common Stock
TSLA · 1,254 observations
Lowest
-0.837
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-meta-vs-stock-fis-daily-20260408-wzvtet