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AVPT vs RAMP: Correlation

Measured on weekly returns over the past three years, AvePoint, Inc. (AVPT) and LiveRamp Holdings, Inc. (RAMP) carry a correlation of 0.55, a moderate link.

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

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.38
last 12 months
Correlation (5Y)
0.54
long-run
Ann. covariance
910.5
%² · weekly, annualized

How correlated are AVPT and RAMP?

On 3 years of weekly data the AVPT/RAMP correlation comes out at 0.55, moderate. The past 12 months show a weaker link (0.38) than the 3-year average (0.55). The 5-year figure is 0.54, and annualized covariance runs at 910.5 %².

Among the 25 assets we track against AVPT, RAMP ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RAMP ahead by 47.6 points (-9.5% versus +38.1%).

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 RAMP: side by side

AVPT (AvePoint, Inc.)RAMP (LiveRamp Holdings, Inc.)
1-year return-9.5%+38.1%
5-year return+57.7%-22.9%
Volatility (ann.)41.3%40.4%
Beta vs S&P 5001.181.07
Max drawdown (3Y)-55.0%-48.2%
Market cap$3.0B$2.3B
P/E (trailing)42.115.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: RAMP 15.7 vs 42.1Smaller drawdown: RAMP -48.2% vs -55.0%Higher 5y return: AVPT +57.7% vs -22.9%
-45%0%+34%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AVPT · RAMP

Year-by-year returns

YearAVPTRAMP
2022-34.7%-51.1%
2023+99.8%+61.6%
2024+101.1%-19.8%
2025-15.9%-3.3%
2026+3.0%+28.5%

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

Are AVPT and RAMP good diversifiers for each other?

Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between AVPT and RAMP?

As of 2026-08-27, the correlation of weekly returns between AVPT and RAMP is 0.55 over 3 years, 0.38 over 1 year and 0.54 over 5 years.

Is RAMP a good diversifier for AVPT?

Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.55 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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AVPT vs RAMP: 3-year weekly correlation 0.55AVPT vs RAMP0.55

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Hubs: AVPT correlations · RAMP correlations