DDOG vs NTWK: Correlation
Measured on weekly returns over the past three years, Datadog (DDOG) and NETSOL Technologies Inc. (NTWK) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DDOG and NTWK?
Over the past 3 years, DDOG and NTWK moved with a correlation of 0.36, which is moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 928.5 %².
Within DDOG's tracked universe of 30 assets, NTWK comes in at #19 by 3-year correlation. The last year tells two different stories: DDOG led by 83.9 percentage points, +84.4% for DDOG against +0.5% for NTWK.
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 NTWK: side by side
| DDOG (Datadog) | NTWK (NETSOL Technologies Inc.) | |
|---|---|---|
| 1-year return | +84.4% | +0.5% |
| 5-year return | +77.8% | -4.3% |
| Volatility (ann.) | 54.6% | 47.2% |
| Beta vs S&P 500 | 1.37 | 0.85 |
| Max drawdown (3Y) | -48.6% | -46.4% |
| Market cap | $87.2B | – |
| P/E (trailing) | 458.4 | 26.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | DDOG | NTWK |
|---|---|---|
| 2022 | -58.7% | -27.0% |
| 2023 | +65.1% | -23.9% |
| 2024 | +17.7% | +19.1% |
| 2025 | -4.8% | +15.6% |
| 2026 | +78.6% | +32.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DDOG and NTWK good diversifiers for each other?
Reasonably. At 0.36, DDOG and NTWK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between DDOG and NTWK?
As of 2026-08-27, the correlation of weekly returns between DDOG and NTWK is 0.36 over 3 years, 0.43 over 1 year and 0.27 over 5 years.
Is NTWK a good diversifier for DDOG?
Reasonably. At 0.36, DDOG and NTWK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ddog-vs-ntwk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ddog-vs-ntwk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DDOG correlations · NTWK correlations
