Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs GE HealthCare Technologies Inc. Common Stock
META vs GEHC
+0.284
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
GE HealthCare Technologies Inc. Common Stock
↗GEHC
GE HealthCare Technologies is a leading medical technology firm with leading market share in imaging and ultrasound equipment. The company reports four major segments: imaging (45% of revenue), advanced visualization solutions (26%), patient care solutions (15%), and pharmaceutical diagnostics (14%). The company's sales are geographically diverse, with the United States, EMEA, China, and the rest of the world accounting for 46%, 26%, 11%, and 17% respectively. We estimate approximately half of its revenue is recurring, which consists of servicing (about one third of revenue), pharmaceutical diagnostics (about 10%-15%), and digital solutions (just over 5%).
Market cap 32.1B · 54,000 employees
Time Series
Relative Performance
Who Moves First
in sync
META and GEHC tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.284 (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
+0.172
14 periods · Return correlation when both series rose
Both Falling
+0.017
10 periods · Return correlation when both series fell
Diverging
-0.661
11 periods · Return correlation when series moved apart
R-Squared
8.1%
Share of variance in one series explained by the other.
Trend Agreement
58.3%
How often both series moved in the same direction period-to-period.
Overlap Quality
816
Deep shared window — 816 usable pairs.
Significance
p < 0.001
95% CI: [0.220, 0.346]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
816 paired data points survived the daily window.
Raw input
1,107
816
Normalized
1,107
816
Prepared
1,107
816
Aligned
816
816
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
291
A: 291 / 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
GE HealthCare Technologies Inc. Common Stock
GEHC
Market cap 32.1B · 54,000 employees
Stock · 816 raw → 816 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.0117
Linear regression slope.
Intercept
72.2714
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
GEHC
GE HealthCare Technologies Inc. Common Stock
Highest
+0.376
Eli Lilly & Co.
LLY · 816 data points
Lowest
-0.023
Johnson & Johnson
JNJ · 816 data points
Saved 5 hours ago · ID: stock-meta-vs-stock-gehc-daily-20260408-kw68pn