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AMPL vs DV: Correlation

How closely do Amplitude, Inc. (AMPL) and DoubleVerify Holdings, Inc. (DV) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.

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

Correlation (3Y)
0.50
moderate
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
0.47
long-run
Ann. covariance
1439.0
%² · weekly, annualized

How correlated are AMPL and DV?

Across a 3-year window, the weekly returns of AMPL and DV correlate at 0.50, moderate. The link has tightened recently: the 1-year correlation (0.64) runs above the 3-year figure (0.50). Stretching to 5 years gives 0.47, with an annualized covariance of 1439.0 %².

Within AMPL's tracked universe of 29 assets, DV comes in at #19 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AMPL outperformed by 42.7 percentage points (+24.7% for AMPL against -18.0% for DV).

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 DV: side by side

AMPL (Amplitude, Inc.)DV (DoubleVerify Holdings, Inc.)
1-year return+24.7%-18.0%
5-year return-73.9%-62.1%
Volatility (ann.)56.0%51.0%
Beta vs S&P 5001.421.13
Max drawdown (3Y)-61.1%-79.7%
Market cap$1.9B$2.1B
P/E (trailing)38.1
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: AMPL -61.1% vs -79.7%Higher 5y return: DV -62.1% 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 · DV

Year-by-year returns

YearAMPLDV
2022-77.2%-34.0%
2023+5.3%+67.5%
2024-17.1%-47.8%
2025+9.8%-40.4%
2026+23.3%+16.6%

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

Are AMPL and DV good diversifiers for each other?

Only partially. A correlation of 0.50 means AMPL and DV 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 AMPL and DV?

As of 2026-08-27, the correlation of weekly returns between AMPL and DV is 0.50 over 3 years, 0.64 over 1 year and 0.47 over 5 years.

Is DV a good diversifier for AMPL?

Only partially. A correlation of 0.50 means AMPL and DV 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?

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

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$ curl https://www.pairbook.io/api/v1/pairs/ampl-vs-dv.json

AMPL vs DV: 3-year weekly correlation 0.50AMPL vs DV0.50

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Related comparisons

Hubs: AMPL correlations · DV correlations