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Meta Platforms, Inc. Class A Common Stock (META) vs Monetary Base
Correlation
of % moves
-60%
In sync
of periods
55%
History
monthsmonths · through 2026-03
54
These move opposite each other about 55% of the time
Their swing sizes loosely mirror each other (~36% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
54.7%
Headline metric
Movement correlation(i)
-60%
Based on % moves
95% CI
-75% → -39%
Likely range of correlation
Pipeline
Pipeline Summary
54 paired data points survived the monthly window.
Raw input
1,140
807
Normalized
1,140
807
Prepared
56
807
Aligned
54
54
Invalid removed
R²(i)
35.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
54
Thin
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-60%
No shift — both series at their actual dates.
53 overlapping points at this shift
Baseline
-60%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-60%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
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
+3%
18 periods · Return correlation when both series rose
Both Falling
-45%
11 periods · Return correlation when both series fell
Diverging
-81%
24 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
755
A: 2 / B: 753
Series A
Meta Platforms, Inc. Class A Common Stock (META)
META
Stock · 1,140 raw → 56 prepared
Series B
Monetary Base
BOGMBASE
FRED · 807 raw → 807 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0367
Linear regression slope.
Intercept
0.0007
Linear regression intercept.
Saved 2 weeks ago · ID: fred-bogmbase_stock-meta_monthly_5y