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Correlation Analysis

Meta Platforms, Inc. Class A Common Stock vs PayPal Holdings, Inc. Common Stock

META vs PYPL

-0.610

Moderate inverse

When one moves up, the other tends to move down.

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

PYPL logo

PayPal Holdings, Inc. Common Stock

PYPL

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.

Market cap 41.9B · 23,800 employees

Jun 30, 2021 — Apr 7, 2026Daily1,107 observationsStockStockTechnologyFinancials

Time Series

Rebased to 100

Green: METAGray: PYPL36 of 1,107 points (sampled)

Who Moves First

PYPL leads META by 6 days

PYPL tends to move before META.

Best correlation after shifting: -0.611 (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

-0.578

10 periods · Return correlation when both series rose

Both Falling

-0.239

10 periods · Return correlation when both series fell

Diverging

-0.526

15 periods · Return correlation when series moved apart

R-Squared

37.2%

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

1,107

Deep shared window — 1,107 usable pairs.

Significance

p < 0.001

95% CI: [-0.645, -0.571]

Scatter

XY Regression

-45020040060080081021.750100150200250300311.5Meta Platforms, Inc. Class A Common StockPayPal Holdings, Inc. Common StockData pointsFit (r = -0.61)

Pipeline

Data quality details

Pipeline Summary

1,107 paired observations survived the daily window.

Raw input

1,107

1,254

Normalized

1,107

1,254

Prepared

1,107

1,254

Aligned

1,107

1,107

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

147

A: 0 / B: 147

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

PYPL logo

PayPal Holdings, Inc. Common Stock

PYPL

Market cap 41.9B · 23,800 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

3

Estimated crossover points between normalized spreads.

Slope

-0.1562

Linear regression slope.

Intercept

152.3974

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-meta-vs-stock-pypl-daily-20260408-rynx6g