ADSK vs PCOR: Correlation
Measured on weekly returns over the past three years, Autodesk (ADSK) and Procore Technologies, Inc. (PCOR) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADSK and PCOR?
Across a 3-year window, the weekly returns of ADSK and PCOR correlate at 0.62, strong. The past 12 months show a tighter link (0.77) than the 3-year average (0.62). Stretching to 5 years gives 0.63, with an annualized covariance of 884.9 %².
In ADSK's tracked universe of 44 assets, PCOR sits right near the top at #3. Neither side won the trailing year by much: -5.4% against -6.0%. Risk is not evenly split, since PCOR carries 1.5 times the volatility of the other side.
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 PCOR: side by side
| ADSK (Autodesk) | PCOR (Procore Technologies, Inc.) | |
|---|---|---|
| 1-year return | -5.4% | -6.0% |
| 5-year return | -13.7% | -32.7% |
| Volatility (ann.) | 30.9% | 46.4% |
| Beta vs S&P 500 | 1.04 | 1.31 |
| Max drawdown (3Y) | -42.6% | -56.6% |
| Market cap | $57.1B | $9.7B |
| P/E (trailing) | 37.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | ADSK | PCOR |
|---|---|---|
| 2022 | -33.5% | -41.0% |
| 2023 | +30.3% | +46.7% |
| 2024 | +21.4% | +8.2% |
| 2025 | +0.1% | -2.9% |
| 2026 | -8.6% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADSK and PCOR good diversifiers for each other?
Only partially. A correlation of 0.62 means ADSK and PCOR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ADSK and PCOR?
As of 2026-08-27, the correlation of weekly returns between ADSK and PCOR is 0.62 over 3 years, 0.77 over 1 year and 0.63 over 5 years.
Is PCOR a good diversifier for ADSK?
Only partially. A correlation of 0.62 means ADSK and PCOR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
A reading of 0.62 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adsk-vs-pcor.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adsk-vs-pcor/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADSK correlations · PCOR correlations
