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AMPL vs RPD: Correlation

Amplitude, Inc. (AMPL) and Rapid7, Inc. (RPD) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.

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

Correlation (3Y)
0.59
moderate
Correlation (1Y)
0.67
last 12 months
Correlation (5Y)
0.55
long-run
Ann. covariance
1849.5
%² · weekly, annualized

How correlated are AMPL and RPD?

On 3 years of weekly data the AMPL/RPD correlation comes out at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.67) sits close to the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 1849.5 %².

Among the 29 assets we track against AMPL, RPD ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AMPL ahead by 59.4 points (+24.7% versus -34.7%).

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 RPD: side by side

AMPL (Amplitude, Inc.)RPD (Rapid7, Inc.)
1-year return+24.7%-34.7%
5-year return-73.9%-88.9%
Volatility (ann.)56.0%56.3%
Beta vs S&P 5001.421.42
Max drawdown (3Y)-61.1%-91.8%
Market cap$1.9B$0.9B
P/E (trailing)37.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: AMPL -61.1% vs -91.8%Higher 5y return: AMPL -73.9% vs -88.9%
-75%0%+25%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AMPL · RPD

Year-by-year returns

YearAMPLRPD
2022-77.2%-71.1%
2023+5.3%+68.0%
2024-17.1%-29.5%
2025+9.8%-62.2%
2026+23.3%-11.2%

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

Are AMPL and RPD good diversifiers for each other?

Only partially. A correlation of 0.59 means AMPL and RPD 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 RPD?

Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.67 over the last year and 0.55 over 5 years.

Is RPD a good diversifier for AMPL?

Only partially. A correlation of 0.59 means AMPL and RPD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.59 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 RPD: 3-year weekly correlation 0.59AMPL vs RPD0.59

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Related comparisons

Hubs: AMPL correlations · RPD correlations