AMPL vs TENB: Correlation
Amplitude, Inc. (AMPL) and Tenable Holdings, Inc. (TENB) 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
How correlated are AMPL and TENB?
Over the past 3 years, AMPL and TENB moved with a correlation of 0.59, which is moderate. Recent behaviour matches the longer record: 0.65 over 1 year against 0.59 over 3. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 1375.3 %².
Within AMPL's tracked universe of 29 assets, TENB comes in at #12 by 3-year correlation. Their 12-month results are close: +24.7% for AMPL against +23.0% for TENB.
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 TENB: side by side
| AMPL (Amplitude, Inc.) | TENB (Tenable Holdings, Inc.) | |
|---|---|---|
| 1-year return | +24.7% | +23.0% |
| 5-year return | -73.9% | -16.1% |
| Volatility (ann.) | 56.0% | 41.5% |
| Beta vs S&P 500 | 1.42 | 1.04 |
| Max drawdown (3Y) | -61.1% | -69.1% |
| Market cap | $1.9B | $4.1B |
| P/E (trailing) | – | 537.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMPL | TENB |
|---|---|---|
| 2022 | -77.2% | -30.7% |
| 2023 | +5.3% | +20.7% |
| 2024 | -17.1% | -14.5% |
| 2025 | +9.8% | -40.2% |
| 2026 | +23.3% | +59.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMPL and TENB good diversifiers for each other?
Only partially. A correlation of 0.59 means AMPL and TENB 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 TENB?
As of 2026-08-27, the correlation of weekly returns between AMPL and TENB is 0.59 over 3 years, 0.65 over 1 year and 0.55 over 5 years.
Is TENB a good diversifier for AMPL?
Only partially. A correlation of 0.59 means AMPL and TENB 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?
On the −1 to +1 scale, 0.59 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
$ curl https://www.pairbook.io/api/v1/pairs/ampl-vs-tenb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ampl-vs-tenb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMPL correlations · TENB correlations
