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Correlation Analysis

Meta Platforms, Inc. Class A Common Stock vs United Parcel Service, Inc. Class B

META vs UPS

-0.939

Very strong inverse

When one moves up, the other tends to move down.

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

UPS logo

United Parcel Service, Inc. Class B

UPS

As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.

Market cap 82.6B · 460,000 employees

Jun 30, 2021 — Apr 7, 2026Daily1,107 observationsStockStockTechnologyIndustrials

Who Moves First

UPS leads META by 2 days

UPS tends to move before META.

Best correlation after shifting: -0.939 (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

-0.427

12 periods · Return correlation when both series rose

Both Falling

-0.146

8 periods · Return correlation when both series fell

Diverging

-0.781

15 periods · Return correlation when series moved apart

R-Squared

88.3%

Share of variance in one series explained by the other.

Trend Agreement

56.9%

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

Overlap Quality

1,107

Deep shared window — 1,107 usable pairs.

Significance

p < 0.001

95% CI: [-0.946, -0.932]

Time Series

Rebased to 100

Green: METAGray: UPS36 of 1,107 points (sampled)

Scatter

XY Regression

-45020040060080081076.680100120140160180200220224.8Meta Platforms, Inc. Class A Common StockUnited Parcel Service, Inc. Class BData pointsFit (r = -0.939)

Pipeline

Data quality details

Pipeline Summary

1,107 paired observations survived the daily window.

Raw input

1,107

1,254

Normalized

1,107

1,254

Prepared

1,107

1,254

Aligned

1,107

1,107

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

147

A: 0 / B: 147

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

UPS logo

United Parcel Service, Inc. Class B

UPS

Market cap 82.6B · 460,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

-0.1471

Linear regression slope.

Intercept

205.8487

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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