Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs RBC Bearings Incorporated
META vs RBC
+0.818
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
RBC Bearings Incorporated
↗RBC
RBC Bearings Inc is an international manufacturer and marketer of engineered precision bearings, components, and essential systems for the industrial, defense, and aerospace industries. The offering includes plain bearings, roller bearings, ball bearings, and engineered products. The company has two reportable segments: Industrial, which derives maximum revenue, and Aerospace/Defense. The Aerospace/Defense segment represents the end markets for the company's engineered bearings and precision components used in commercial aerospace, defense aerospace, and sea and ground defense applications; and the Industrial segment represents the end markets for its products used in various industrial applications. Geographically, the company generates a majority of its revenue from the United States.
Market cap 17.5B · 5,334 employees
Time Series
Relative Performance
Who Moves First
META leads RBC by 6 days
META tends to move before RBC.
After testing 13 timing shifts, the strongest relationship was +0.819 (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
+0.535
16 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-0.746
16 periods · Return correlation when series moved apart
R-Squared
66.8%
Share of variance in one series explained by the other.
Trend Agreement
57.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
952
Deep shared window — 952 usable pairs.
Significance
p < 0.001
95% CI: [0.795, 0.838]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
952 paired data points survived the daily window.
Raw input
1,107
1,009
Normalized
1,107
1,009
Prepared
1,107
1,009
Aligned
952
952
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
212
A: 155 / B: 57
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
RBC Bearings Incorporated
RBC
Market cap 17.5B · 5,334 employees
Stock · 1,009 raw → 1,009 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.3555
Linear regression slope.
Intercept
143.3262
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
META
Meta Platforms, Inc. Class A Common Stock
Highest
+0.979
PCEC96
PCEC96 · 52 data points
Lowest
-0.939
United Parcel Service, Inc. Class B
UPS · 1,107 data points
Saved 5 hours ago · ID: stock-meta-vs-stock-rbc-daily-20260408-q94y4c