AMPL vs IBM: Correlation
How closely do Amplitude, Inc. (AMPL) and IBM (IBM) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMPL and IBM?
On 3 years of weekly data the AMPL/IBM correlation comes out at 0.41, moderate. Little has changed lately, as the 1-year reading of 0.44 lands near the 3-year figure. The 5-year figure is 0.27, and annualized covariance runs at 803.4 %².
Among the 29 assets we track against AMPL, IBM ranks #22 by 3-year correlation. The last year tells two different stories: AMPL led by 24.6 percentage points, +24.7% for AMPL against +0.1% for IBM. One caveat on sizing: AMPL is 1.6 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.
AMPL vs IBM: side by side
| AMPL (Amplitude, Inc.) | IBM (IBM) | |
|---|---|---|
| 1-year return | +24.7% | +0.1% |
| 5-year return | -73.9% | +117.6% |
| Volatility (ann.) | 56.0% | 34.7% |
| Beta vs S&P 500 | 1.42 | 0.78 |
| Max drawdown (3Y) | -61.1% | -37.5% |
| Market cap | $1.9B | $225.0B |
| P/E (trailing) | – | 20.4 |
| Dividend yield | 0.00% | 2.93% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | AMPL | IBM |
|---|---|---|
| 2022 | -77.2% | +10.6% |
| 2023 | +5.3% | +21.8% |
| 2024 | -17.1% | +39.3% |
| 2025 | +9.8% | +38.2% |
| 2026 | +23.3% | -17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPL and IBM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AMPL and IBM?
The AMPL/IBM correlation stands at 0.41 on a 3-year window (1 year: 0.44, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is IBM a good diversifier for AMPL?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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/ampl-vs-ibm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ampl-vs-ibm/)
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Related comparisons
Hubs: AMPL correlations · IBM correlations
