Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Hologic Inc
META vs HOLX
-0.232
Light 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
Hologic Inc
↗HOLX
Hologic manufactures proprietary products for the healthcare needs of women. The company operates in four segments: diagnostics (44% of total sales), breast health (38%), surgical (16%), and skeletal health (2%). While the company traditionally focused on breast health, the acquisition of Gen-Probe put greater emphasis on commercial diagnostics. The United States accounts for the largest portion of the firm's revenue (69%), followed by Europe (20%), Asia (8%), and other international markets (3%). Hologic is headquartered in Bedford, Massachusetts.
Market cap 17B · 7,070 employees
Who Moves First
META leads HOLX by 6 days
META tends to move before HOLX.
Best correlation after shifting: -0.244 (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
+0.234
10 periods · Return correlation when both series rose
Both Falling
-0.395
5 periods · Return correlation when both series fell
Diverging
-0.646
20 periods · Return correlation when series moved apart
R-Squared
5.4%
Share of variance in one series explained by the other.
Trend Agreement
55.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,106
Deep shared window — 1,106 usable pairs.
Significance
p < 0.001
95% CI: [-0.287, -0.176]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,106 paired observations survived the daily window.
Raw input
1,107
1,253
Normalized
1,107
1,253
Prepared
1,107
1,253
Aligned
1,106
1,106
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
148
A: 1 / 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
Hologic Inc
HOLX
Market cap 17B · 7,070 employees
Stock · 1,253 raw → 1,253 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0059
Linear regression slope.
Intercept
75.4099
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
Saved 3 hours ago · ID: stock-meta-vs-stock-holx-daily-20260408-73ly7b