Loading market view
Loading market view
Loading correlations
Meta Platforms, Inc. Class A Common Stock (META) vs Case-Shiller Home Price Index
Correlation
of % moves
+86%
In sync
of periods
52%
History
monthsmonths · through 2026-02
53
These move in the same direction about 52% of the time
When one swings, the other almost always swings by a closely matched amount (~73% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
51.9%
Headline metric
Movement correlation(i)
+86%
Based on % moves
95% CI
+76% → +91%
Likely range of correlation
Pipeline
Pipeline Summary
53 paired data points survived the monthly window.
Raw input
1,140
470
Normalized
1,140
470
Prepared
56
470
Aligned
53
53
Invalid removed
R²(i)
73.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
53
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
+86%
No shift — both series at their actual dates.
52 overlapping points at this shift
Baseline
+86%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+86%
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
+64%
19 periods · Return correlation when both series rose
Both Falling
-24%
8 periods · Return correlation when both series fell
Diverging
-51%
25 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
420
A: 3 / B: 417
Series A
Meta Platforms, Inc. Class A Common Stock (META)
META
Stock · 1,140 raw → 56 prepared
Series B
Case-Shiller Home Price Index
CSUSHPINSA
FRED · 470 raw → 470 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0331
Linear regression slope.
Intercept
0.0019
Linear regression intercept.
Saved 2 weeks ago · ID: fred-csushpinsa_stock-meta_monthly_5y