Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Robinhood Markets, Inc. Class A Common Stock
META vs HOOD
+0.657
Strong 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
Robinhood Markets, Inc. Class A Common Stock
↗HOOD
Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large and quickly growing US brokerage market.
Market cap 62.8B · 2,900 employees
Time Series
Rebased to 100
Who Moves First
META leads HOOD by 6 days
META tends to move before HOOD.
Best correlation after shifting: +0.671 (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
+0.381
15 periods · Return correlation when both series rose
Both Falling
+0.042
7 periods · Return correlation when both series fell
Diverging
-0.367
13 periods · Return correlation when series moved apart
R-Squared
43.1%
Share of variance in one series explained by the other.
Trend Agreement
65.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,087
Deep shared window — 1,087 usable pairs.
Significance
p < 0.001
95% CI: [0.621, 0.689]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,087 paired observations survived the daily window.
Raw input
1,107
1,177
Normalized
1,107
1,177
Prepared
1,107
1,177
Aligned
1,087
1,087
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
110
A: 20 / B: 90
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
Robinhood Markets, Inc. Class A Common Stock
HOOD
Market cap 62.8B · 2,900 employees
Stock · 1,177 raw → 1,177 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.1034
Linear regression slope.
Intercept
-2.5927
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
HOOD
Robinhood Markets, Inc. Class A Common Stock
Highest
+0.884
JPMorgan Chase & Co.
JPM · 1,177 observations
Lowest
+0.288
Exxon Mobil Corporation
XOM · 1,177 observations
Saved 3 hours ago · ID: stock-meta-vs-stock-hood-daily-20260408-54i6va