Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Samsara Inc.
META vs IOT
+0.831
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
Samsara Inc.
↗IOT
Samsara Inc provides an end-to-end solution for operations. The company's Connected Operations Platform consolidates data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and makes it easy for organizations to access, analyze, and act on data insights using its cloud dashboard, custom alerts and reports, mobile apps, and workflows. The company derives almost all of its revenue from subscription services. Geographically, it derives a majority of its revenue from the United States. The company's customers range from small and medium-sized businesses to state and local governments.
Market cap 18.3B · 4,100 employees
Time Series
Rebased to 100
Who Moves First
IOT leads META by 6 days
IOT tends to move before META.
Best correlation after shifting: +0.837 (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
+0.347
13 periods · Return correlation when both series rose
Both Falling
+0.586
7 periods · Return correlation when both series fell
Diverging
-0.556
15 periods · Return correlation when series moved apart
R-Squared
69.0%
Share of variance in one series explained by the other.
Trend Agreement
64.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
990
Deep shared window — 990 usable pairs.
Significance
p < 0.001
95% CI: [0.810, 0.849]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
990 paired observations survived the daily window.
Raw input
1,107
1,080
Normalized
1,107
1,080
Prepared
1,107
1,080
Aligned
990
990
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
207
A: 117 / 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
Samsara Inc.
IOT
Market cap 18.3B · 4,100 employees
Stock · 1,080 raw → 1,080 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0455
Linear regression slope.
Intercept
11.3374
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-iot-daily-20260408-31g4tt