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Correlation Analysis

Meta Platforms, Inc. Class A Common Stock vs Medline Inc. Class A common stock

META vs MDLN

+0.193

Weak positive

When one moves up, the other tends to follow.

META logo

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

M

Medline Inc. Class A common stock

MDLN

Medline is the largest medical-surgical products and supply chain solutions provider in the US. The company generates over 90% of its revenue domestically and serves some of the largest US health systems. Medline offers approximately 190,000 Medline-branded products across more than 250 product families—including front line care, surgical solutions, and laboratory and diagnostics—as well as roughly 150,000 third-party products sourced from over 1,250 vendors. The company maintains prime vendor relationships with many customers, acting as the primary consolidated logistics partner for their medical-surgical needs. Medline has significant scale, supported by more than 30 manufacturing facilities and a fleet of over 2,000 owned delivery trucks. Medline went public in December 2025.

Market cap 35.6B · 45,000 employees

Dec 17, 2025 — Apr 7, 2026Daily75 data pointsStockStockTechnology

Time Series

Relative Performance

Green: METAGray: MDLN36 of 75 points (sampled)

Who Moves First

MDLN leads META by 6 days

MDLN tends to move before META.

After testing 13 timing shifts, the strongest relationship was +0.379 (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

+0.524

7 periods · Return correlation when both series rose

Both Falling

-0.267

8 periods · Return correlation when both series fell

Diverging

-0.738

20 periods · Return correlation when series moved apart

R-Squared

3.7%

Share of variance in one series explained by the other.

Trend Agreement

47.3%

How often both series moved in the same direction period-to-period.

Overlap Quality

75

Thin shared window — 75 usable pairs.

Significance

n.s.

95% CI: [-0.035, 0.403]

Scatter

XY Regression

511.3550600650700720.938.1540424446485050.49Meta Platforms, Inc. Class A Common StockMedline Inc. Class A common stockData pointsFit (r = 0.193)

Pipeline

Data quality details

Pipeline Summary

75 paired data points survived the daily window.

Raw input

1,107

75

Normalized

1,107

75

Prepared

1,107

75

Aligned

75

75

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

1,032

A: 1032 / B: 0

Series A

META logo

Meta Platforms, Inc. Class A Common Stock

META

Market cap 1.4T

Stock · 1,107 raw → 1,107 prepared

Series B

M

Medline Inc. Class A common stock

MDLN

Market cap 35.6B · 45,000 employees

Stock · 75 raw → 75 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

7

Estimated crossover points between normalized spreads.

Slope

0.0123

Linear regression slope.

Intercept

36.0326

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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