AMPL vs ASAN: Correlation
Measured on weekly returns over the past three years, Amplitude, Inc. (AMPL) and Asana, Inc. (ASAN) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPL and ASAN?
Across a 3-year window, the weekly returns of AMPL and ASAN correlate at 0.57, moderate. The link has tightened recently: the 1-year correlation (0.74) runs above the 3-year figure (0.57). Stretching to 5 years gives 0.55, with an annualized covariance of 1920.2 %².
Among the 29 assets we track against AMPL, ASAN ranks #14 by 3-year correlation. The last year tells two different stories: AMPL led by 53.7 percentage points, +24.7% for AMPL against -29.0% for ASAN.
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.
AMPL vs ASAN: side by side
| AMPL (Amplitude, Inc.) | ASAN (Asana, Inc.) | |
|---|---|---|
| 1-year return | +24.7% | -29.0% |
| 5-year return | -73.9% | -86.9% |
| Volatility (ann.) | 56.0% | 59.9% |
| Beta vs S&P 500 | 1.42 | 1.49 |
| Max drawdown (3Y) | -61.1% | -80.2% |
| Market cap | $1.9B | $2.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPL | ASAN |
|---|---|---|
| 2022 | -77.2% | -81.5% |
| 2023 | +5.3% | +38.1% |
| 2024 | -17.1% | +6.6% |
| 2025 | +9.8% | -32.4% |
| 2026 | +23.3% | -25.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPL and ASAN good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AMPL and ASAN?
As of 2026-08-27, the correlation of weekly returns between AMPL and ASAN is 0.57 over 3 years, 0.74 over 1 year and 0.55 over 5 years.
Is ASAN a good diversifier for AMPL?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 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/ampl-vs-asan.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ampl-vs-asan/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMPL correlations · ASAN correlations
