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AMPL vs LAW: Correlation

Amplitude, Inc. (AMPL) and CS Disco, Inc. (LAW) show a strong relationship: their 3-year correlation of weekly returns is 0.63.

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

Correlation (3Y)
0.63
strong
Correlation (1Y)
0.64
last 12 months
Correlation (5Y)
0.54
long-run
Ann. covariance
2198.8
%² · weekly, annualized

How correlated are AMPL and LAW?

On 3 years of weekly data the AMPL/LAW correlation comes out at 0.63, strong. Recent behaviour matches the longer record: 0.64 over 1 year against 0.63 over 3. The 5-year figure is 0.54, and annualized covariance runs at 2198.8 %².

Among the 29 assets we track against AMPL, LAW ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AMPL ahead by 39.1 points (+24.7% versus -14.4%).

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 LAW: side by side

AMPL (Amplitude, Inc.)LAW (CS Disco, Inc.)
1-year return+24.7%-14.4%
5-year return-73.9%-91.3%
Volatility (ann.)56.0%62.8%
Beta vs S&P 5001.420.96
Max drawdown (3Y)-61.1%-71.7%
Market cap$1.9B$0.3B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: AMPL -61.1% vs -71.7%Higher 5y return: AMPL -73.9% vs -91.3%
-51%0%+56%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AMPL · LAW

Year-by-year returns

YearAMPLLAW
2022-77.2%-82.3%
2023+5.3%+20.1%
2024-17.1%-34.3%
2025+9.8%+55.5%
2026+23.3%-43.2%

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

Are AMPL and LAW good diversifiers for each other?

Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between AMPL and LAW?

As of 2026-08-27, the correlation of weekly returns between AMPL and LAW is 0.63 over 3 years, 0.64 over 1 year and 0.54 over 5 years.

Is LAW a good diversifier for AMPL?

Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.63 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.

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AMPL vs LAW: 3-year weekly correlation 0.63AMPL vs LAW0.63

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Related comparisons

Hubs: AMPL correlations · LAW correlations