Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Reddit, Inc.
META vs RDDT
+0.829
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
Reddit, Inc.
↗RDDT
Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue through advertising, Premium Memberships, and data licensing agreements.
Market cap 26.4B · 2,555 employees
Time Series
Rebased to 100
Who Moves First
in sync
META and RDDT tend to move at the same time.
Best correlation after shifting: +0.829 (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
+0.471
14 periods · Return correlation when both series rose
Both Falling
+0.360
9 periods · Return correlation when both series fell
Diverging
-0.678
12 periods · Return correlation when series moved apart
R-Squared
68.7%
Share of variance in one series explained by the other.
Trend Agreement
66.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
512
Robust shared window — 512 usable pairs.
Significance
p < 0.001
95% CI: [0.800, 0.854]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
512 paired observations survived the daily window.
Raw input
1,107
512
Normalized
1,107
512
Prepared
1,107
512
Aligned
512
512
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
595
A: 595 / B: 0
Series A
Meta Platforms, Inc. Class A Common Stock
META
Market cap 1.4T
Stock · 1,107 raw → 1,107 prepared
Series B
Reddit, Inc.
RDDT
Market cap 26.4B · 2,555 employees
Stock · 512 raw → 512 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
28
Estimated crossover points between normalized spreads.
Slope
0.5985
Linear regression slope.
Intercept
-229.2476
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-rddt-daily-20260408-fee0vk