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Meta Platforms, Inc. Class A Common Stock (META) vs USD/JPY Exchange Rate
Correlation
of % moves
+54%
In sync
of periods
48%
History
daysdays · through 2026-05-15
1,124
These move in the same direction about 48% of the time
Their swing sizes loosely line up (~29% 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 looser than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
48.5%
Headline metric
Movement correlation(i)
+54%
Based on % moves
95% CI
+49% → +58%
Likely range of correlation
Pipeline
Pipeline Summary
1,124 paired data points survived the daily window.
Raw input
1,140
13,879
Normalized
1,140
13,879
Prepared
1,140
13,879
Aligned
1,124
1,124
Invalid removed
R²(i)
28.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,124
Deep
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+54%
No shift — both series at their actual dates.
1,123 overlapping points at this shift
Baseline
+54%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+54%
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
+61%
84 periods · Return correlation when both series rose
Both Falling
+45%
57 periods · Return correlation when both series fell
Diverging
-63%
108 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,771
A: 16 / B: 12755
Series A
Meta Platforms, Inc. Class A Common Stock (META)
META
Stock · 1,140 raw → 1,140 prepared
Series B
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,879 raw → 13,879 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0506
Linear regression slope.
Intercept
0.0002
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexjpus_stock-meta_daily_5y