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DDOG vs JRVR: Correlation

Datadog (DDOG) and James River Group Holdings, Inc. (JRVR) show a negative relationship: their 3-year correlation of weekly returns is -0.31.

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

Correlation (3Y)
-0.31
negative
Correlation (1Y)
-0.53
last 12 months
Correlation (5Y)
-0.08
long-run
Ann. covariance
-869.1
%² · weekly, annualized

How correlated are DDOG and JRVR?

Over the past 3 years, DDOG and JRVR moved with a correlation of -0.31, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.53 versus -0.31 over 3 years. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -869.1 %².

JRVR is close to the least connected end of DDOG's tracked universe, ranking #29 of 30. Their recent paths diverged sharply: over the last 12 months DDOG outperformed by 110.8 percentage points (+84.4% for DDOG against -26.4% for JRVR).

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.

DDOG vs JRVR: side by side

DDOG (Datadog)JRVR (James River Group Holdings, Inc.)
1-year return+84.4%-26.4%
5-year return+77.8%-88.2%
Volatility (ann.)54.6%51.3%
Beta vs S&P 5001.370.55
Max drawdown (3Y)-48.6%-77.1%
Market cap$87.2B$0.2B
P/E (trailing)458.49.4
Dividend yield0.00%0.97%
Sector / categoryInformation TechnologyUS Listed
Lower P/E: JRVR 9.4 vs 458.4Higher yield: JRVR 0.97% vs 0.00%Smaller drawdown: DDOG -48.6% vs -77.1%Higher 5y return: DDOG +77.8% vs -88.2%
-28%0%+97%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DDOG · JRVR

Year-by-year returns

YearDDOGJRVR
2022-58.7%-26.8%
2023+65.1%-55.2%
2024+17.7%-46.2%
2025-4.8%+31.6%
2026+78.6%-35.0%

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

Are DDOG and JRVR good diversifiers for each other?

Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between DDOG and JRVR?

The DDOG/JRVR correlation stands at -0.31 on a 3-year window (1 year: -0.53, 5 years: -0.08), computed from weekly returns as of 2026-08-27.

Is JRVR a good diversifier for DDOG?

Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.31 mean?

On the −1 to +1 scale, -0.31 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ddog-vs-jrvr.json

DDOG vs JRVR: 3-year weekly correlation -0.31DDOG vs JRVR-0.31

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Related comparisons

Hubs: DDOG correlations · JRVR correlations