AVPT vs TTD: Correlation
AvePoint, Inc. (AVPT) and Trade Desk (The) (TTD) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVPT and TTD?
Across a 3-year window, the weekly returns of AVPT and TTD correlate at 0.47, moderate. Recent behaviour matches the longer record: 0.52 over 1 year against 0.47 over 3. Stretching to 5 years gives 0.38, with an annualized covariance of 1165.5 %².
Among the 25 assets we track against AVPT, TTD ranks #13 by 3-year correlation. The last year tells two different stories: AVPT led by 65.0 percentage points, -9.5% for AVPT against -74.5% for TTD.
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 TTD: side by side
| AVPT (AvePoint, Inc.) | TTD (Trade Desk (The)) | |
|---|---|---|
| 1-year return | -9.5% | -74.5% |
| 5-year return | +57.7% | -83.4% |
| Volatility (ann.) | 41.3% | 60.7% |
| Beta vs S&P 500 | 1.18 | 1.23 |
| Max drawdown (3Y) | -55.0% | -90.7% |
| Market cap | $3.0B | $6.3B |
| P/E (trailing) | 42.1 | 15.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | AVPT | TTD |
|---|---|---|
| 2022 | -34.7% | -51.1% |
| 2023 | +99.8% | +60.5% |
| 2024 | +101.1% | +63.3% |
| 2025 | -15.9% | -67.7% |
| 2026 | +3.0% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVPT and TTD good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AVPT and TTD?
The AVPT/TTD correlation stands at 0.47 on a 3-year window (1 year: 0.52, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is TTD a good diversifier for AVPT?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/avpt-vs-ttd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/avpt-vs-ttd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AVPT correlations · TTD correlations
