AVPT vs DV: Correlation
How closely do AvePoint, Inc. (AVPT) and DoubleVerify Holdings, Inc. (DV) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVPT and DV?
On 3 years of weekly data the AVPT/DV correlation comes out at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.69) runs above the 3-year figure (0.49). The 5-year figure is 0.50, and annualized covariance runs at 1036.7 %².
By 3-year correlation, DV places #9 of the 25 assets tracked against AVPT. On 12-month performance AVPT holds a 8.5-point edge, -9.5% against -18.0%.
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.
AVPT vs DV: side by side
| AVPT (AvePoint, Inc.) | DV (DoubleVerify Holdings, Inc.) | |
|---|---|---|
| 1-year return | -9.5% | -18.0% |
| 5-year return | +57.7% | -62.1% |
| Volatility (ann.) | 41.3% | 51.0% |
| Beta vs S&P 500 | 1.18 | 1.13 |
| Max drawdown (3Y) | -55.0% | -79.7% |
| Market cap | $3.0B | $2.1B |
| P/E (trailing) | 42.1 | 38.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVPT | DV |
|---|---|---|
| 2022 | -34.7% | -34.0% |
| 2023 | +99.8% | +67.5% |
| 2024 | +101.1% | -47.8% |
| 2025 | -15.9% | -40.4% |
| 2026 | +3.0% | +16.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVPT and DV good diversifiers for each other?
Reasonably. At 0.49, AVPT and DV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AVPT and DV?
The AVPT/DV correlation stands at 0.49 on a 3-year window (1 year: 0.69, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is DV a good diversifier for AVPT?
Reasonably. At 0.49, AVPT and DV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/avpt-vs-dv.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avpt-vs-dv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AVPT correlations · DV correlations
