Correlation Analysis
Meta Platforms, Inc. Class A Common Stock vs Toast, Inc.
META vs TOST
+0.402
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
Toast, Inc.
↗TOST
Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.
Market cap 15.9B · 6,500 employees
Time Series
Rebased to 100
Who Moves First
META leads TOST by 6 days
META tends to move before TOST.
Best correlation after shifting: +0.442 (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
+0.355
15 periods · Return correlation when both series rose
Both Falling
-0.330
10 periods · Return correlation when both series fell
Diverging
-0.826
10 periods · Return correlation when series moved apart
R-Squared
16.2%
Share of variance in one series explained by the other.
Trend Agreement
63.9%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,049
Deep shared window — 1,049 usable pairs.
Significance
p < 0.001
95% CI: [0.351, 0.452]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,049 paired observations survived the daily window.
Raw input
1,107
1,139
Normalized
1,107
1,139
Prepared
1,107
1,139
Aligned
1,049
1,049
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
148
A: 58 / 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
Toast, Inc.
TOST
Market cap 15.9B · 6,500 employees
Stock · 1,139 raw → 1,139 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0182
Linear regression slope.
Intercept
20.7950
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-tost-daily-20260408-23px9x