ADSK vs AVPT: Correlation
Measured on weekly returns over the past three years, Autodesk (ADSK) and AvePoint, Inc. (AVPT) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and AVPT?
On 3 years of weekly data the ADSK/AVPT correlation comes out at 0.56, moderate. The relationship has been stable: the 1-year correlation (0.58) sits close to the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 713.4 %².
Within ADSK's tracked universe of 44 assets, AVPT comes in at #17 by 3-year correlation. Twelve-month performance is nearly a tie, at -5.4% for ADSK and -9.5% for AVPT.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ADSK vs AVPT: side by side
| ADSK (Autodesk) | AVPT (AvePoint, Inc.) | |
|---|---|---|
| 1-year return | -5.4% | -9.5% |
| 5-year return | -13.7% | +57.7% |
| Volatility (ann.) | 30.9% | 41.3% |
| Beta vs S&P 500 | 1.04 | 1.18 |
| Max drawdown (3Y) | -42.6% | -55.0% |
| Market cap | $57.1B | $3.0B |
| P/E (trailing) | 37.2 | 42.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | AVPT |
|---|---|---|
| 2022 | -33.5% | -34.7% |
| 2023 | +30.3% | +99.8% |
| 2024 | +21.4% | +101.1% |
| 2025 | +0.1% | -15.9% |
| 2026 | -8.6% | +3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and AVPT good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADSK and AVPT?
As of 2026-08-27, the correlation of weekly returns between ADSK and AVPT is 0.56 over 3 years, 0.58 over 1 year and 0.53 over 5 years.
Is AVPT a good diversifier for ADSK?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adsk-vs-avpt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-avpt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADSK correlations · AVPT correlations
