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Correlation Analysis

Meta Platforms, Inc. Class A Common Stock vs UL Solutions Inc.

META vs ULS

+0.647

Moderate positive

When one moves up, the other tends to follow.

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

ULS logo

UL Solutions Inc.

ULS

UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.

Market cap 16.9B · 14,851 employees

Apr 12, 2024 — Apr 7, 2026Daily497 observationsStockStockTechnology

Who Moves First

META leads ULS by 6 days

META tends to move before ULS.

Best correlation after shifting: +0.655 (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

+0.727

13 periods · Return correlation when both series rose

Both Falling

-0.066

5 periods · Return correlation when both series fell

Diverging

-0.692

17 periods · Return correlation when series moved apart

R-Squared

41.9%

Share of variance in one series explained by the other.

Trend Agreement

54.6%

How often both series moved in the same direction period-to-period.

Overlap Quality

497

Robust shared window — 497 usable pairs.

Significance

p < 0.001

95% CI: [0.593, 0.696]

Time Series

Rebased to 100

Green: METAGray: ULS36 of 497 points (sampled)

Scatter

XY Regression

416.9450500550600650700750775.630.640506070809093.2Meta Platforms, Inc. Class A Common StockUL Solutions Inc.Data pointsFit (r = 0.647)

Pipeline

Data quality details

Pipeline Summary

497 paired observations survived the daily window.

Raw input

1,107

497

Normalized

1,107

497

Prepared

1,107

497

Aligned

497

497

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

610

A: 610 / B: 0

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

ULS logo

UL Solutions Inc.

ULS

Market cap 16.9B · 14,851 employees

Stock · 497 raw → 497 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

22

Estimated crossover points between normalized spreads.

Slope

0.1084

Linear regression slope.

Intercept

-5.4784

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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