DH vs EPAM: Correlation
Measured on weekly returns over the past three years, Definitive Healthcare Corp. (DH) and EPAM Systems, Inc. (EPAM) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DH and EPAM?
Across a 3-year window, the weekly returns of DH and EPAM correlate at 0.46, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.46 over 3. Stretching to 5 years gives 0.45, with an annualized covariance of 1416.6 %².
Few assets follow DH as closely as EPAM, which ranks #3 of 14 tracked partners. Correlation aside, the last 12 months split them widely, with EPAM ahead by 44.8 points (-79.8% versus -35.0%).
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.
DH vs EPAM: side by side
| DH (Definitive Healthcare Corp.) | EPAM (EPAM Systems, Inc.) | |
|---|---|---|
| 1-year return | -79.8% | -35.0% |
| 5-year return | -98.1% | -82.3% |
| Volatility (ann.) | 65.1% | 47.0% |
| Beta vs S&P 500 | 1.74 | 0.98 |
| Max drawdown (3Y) | -93.9% | -75.8% |
| Market cap | $0.1B | $5.8B |
| P/E (trailing) | – | 14.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DH | EPAM |
|---|---|---|
| 2022 | -59.8% | -51.0% |
| 2023 | -9.6% | -9.3% |
| 2024 | -58.7% | -21.4% |
| 2025 | -30.2% | -12.4% |
| 2026 | -71.6% | -45.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DH and EPAM good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DH and EPAM?
As of 2026-08-27, the correlation of weekly returns between DH and EPAM is 0.46 over 3 years, 0.38 over 1 year and 0.45 over 5 years.
Is EPAM a good diversifier for DH?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 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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Related comparisons
Hubs: DH correlations · EPAM correlations
