PairBook
HomeAMPL › AMPL vs BRZE

AMPL vs BRZE: Correlation

Measured on weekly returns over the past three years, Amplitude, Inc. (AMPL) and Braze, Inc. (BRZE) carry a correlation of 0.61, a strong link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.61
strong
Correlation (1Y)
0.67
last 12 months
Correlation (5Y)
0.64
long-run
Ann. covariance
1924.0
%² · weekly, annualized

How correlated are AMPL and BRZE?

On 3 years of weekly data the AMPL/BRZE correlation comes out at 0.61, strong. The relationship has been stable: the 1-year correlation (0.67) sits close to the 3-year figure. The 5-year figure is 0.64, and annualized covariance runs at 1924.0 %².

By 3-year correlation, BRZE places #9 of the 29 assets tracked against AMPL. Twelve-month performance is nearly a tie, at +24.7% for AMPL and +28.0% for BRZE.

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 BRZE: side by side

AMPL (Amplitude, Inc.)BRZE (Braze, Inc.)
1-year return+24.7%+28.0%
5-year return-73.9%-63.5%
Volatility (ann.)56.0%56.3%
Beta vs S&P 5001.421.29
Max drawdown (3Y)-61.1%-73.6%
Market cap$1.9B$3.8B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: AMPL -61.1% vs -73.6%Higher 5y return: BRZE -63.5% vs -73.9%
-51%0%+25%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AMPL · BRZE

Year-by-year returns

YearAMPLBRZE
2022-77.2%-64.6%
2023+5.3%+94.8%
2024-17.1%-21.2%
2025+9.8%-18.1%
2026+23.3%-0.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AMPL and BRZE good diversifiers for each other?

Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between AMPL and BRZE?

Using weekly returns as of 2026-08-27: 0.61 over 3 years, with 0.67 over the last year and 0.64 over 5 years.

Is BRZE a good diversifier for AMPL?

Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.61 mean?

On the −1 to +1 scale, 0.61 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ampl-vs-brze.json

AMPL vs BRZE: 3-year weekly correlation 0.61AMPL vs BRZE0.61

Embed this badge (it refreshes with the data), with attribution:

[![AMPL vs BRZE correlation](https://www.pairbook.io/api/v1/badge/ampl-vs-brze.svg)](https://www.pairbook.io/pair/ampl-vs-brze/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: AMPL correlations · BRZE correlations