Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Rocket Lab Corporation Common Stock
META vs RKLB
+0.626
Moderate 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
Rocket Lab Corporation Common Stock
↗RKLB
Rocket Lab Corp is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments Launch Services and Space Systems. Geographically it serves Japan, and rest of the world and earns key revenue from the United States.
Market cap 38.5B · 2,600 employees
Time Series
Rebased to 100
Who Moves First
META leads RKLB by 6 days
META tends to move before RKLB.
Best correlation after shifting: +0.637 (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
+0.185
16 periods · Return correlation when both series rose
Both Falling
+0.777
8 periods · Return correlation when both series fell
Diverging
-0.434
11 periods · Return correlation when series moved apart
R-Squared
39.2%
Share of variance in one series explained by the other.
Trend Agreement
60.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,068
Deep shared window — 1,068 usable pairs.
Significance
p < 0.001
95% CI: [0.589, 0.662]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,068 paired observations survived the daily window.
Raw input
1,107
1,158
Normalized
1,107
1,158
Prepared
1,107
1,158
Aligned
1,068
1,068
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
129
A: 39 / 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
Rocket Lab Corporation Common Stock
RKLB
Market cap 38.5B · 2,600 employees
Stock · 1,158 raw → 1,158 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0570
Linear regression slope.
Intercept
-4.1219
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
RKLB
Rocket Lab Corporation Common Stock
Highest
+0.907
Alphabet Inc. Class C Capital Stock
GOOG · 1,158 observations
Lowest
+0.451
Exxon Mobil Corporation
XOM · 1,158 observations
Saved 3 hours ago · ID: stock-meta-vs-stock-rklb-daily-20260408-tpmrn3