ALRM vs FORR: Correlation
Alarm.com Holdings, Inc. (ALRM) and Forrester Research, Inc. (FORR) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALRM and FORR?
Across a 3-year window, the weekly returns of ALRM and FORR correlate at 0.50, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.50 over 3 years. Stretching to 5 years gives 0.47, with an annualized covariance of 697.4 %².
By 3-year correlation, FORR places #8 of the 17 assets tracked against ALRM. Correlation aside, the last 12 months split them widely, with FORR ahead by 27.3 points (-1.6% versus +25.7%). One caveat on sizing: FORR is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ALRM vs FORR: side by side
| ALRM (Alarm.com Holdings, Inc.) | FORR (Forrester Research, Inc.) | |
|---|---|---|
| 1-year return | -1.6% | +25.7% |
| 5-year return | -30.9% | -74.7% |
| Volatility (ann.) | 28.1% | 50.1% |
| Beta vs S&P 500 | 0.96 | 0.82 |
| Max drawdown (3Y) | -44.3% | -83.9% |
| Market cap | $2.8B | $0.2B |
| P/E (trailing) | 25.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALRM | FORR |
|---|---|---|
| 2022 | -41.7% | -39.1% |
| 2023 | +30.6% | -25.0% |
| 2024 | -5.9% | -41.6% |
| 2025 | -16.1% | -48.2% |
| 2026 | +12.9% | +50.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALRM and FORR good diversifiers for each other?
Only partially. A correlation of 0.50 means ALRM and FORR 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 ALRM and FORR?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.64 over the last year and 0.47 over 5 years.
Is FORR a good diversifier for ALRM?
Only partially. A correlation of 0.50 means ALRM and FORR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 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/alrm-vs-forr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/alrm-vs-forr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALRM correlations · FORR correlations
