DOMO vs IBM: Correlation
Measured on weekly returns over the past three years, Domo, Inc. (DOMO) and IBM (IBM) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMO and IBM?
Across a 3-year window, the weekly returns of DOMO and IBM correlate at 0.43, moderate. Recent behaviour matches the longer record: 0.49 over 1 year against 0.43 over 3. Stretching to 5 years gives 0.35, with an annualized covariance of 1107.9 %².
By 3-year correlation, IBM places #7 of the 13 assets tracked against DOMO. Correlation aside, the last 12 months split them widely, with IBM ahead by 77.8 points (-77.7% versus +0.1%). Note the risk asymmetry: DOMO runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
DOMO vs IBM: side by side
| DOMO (Domo, Inc.) | IBM (IBM) | |
|---|---|---|
| 1-year return | -77.7% | +0.1% |
| 5-year return | -95.7% | +117.6% |
| Volatility (ann.) | 74.7% | 34.7% |
| Beta vs S&P 500 | 2.02 | 0.78 |
| Max drawdown (3Y) | -89.0% | -37.5% |
| Market cap | $0.2B | $225.0B |
| P/E (trailing) | – | 20.4 |
| Dividend yield | 0.00% | 2.93% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | DOMO | IBM |
|---|---|---|
| 2022 | -71.3% | +10.6% |
| 2023 | -27.7% | +21.8% |
| 2024 | -31.2% | +39.3% |
| 2025 | +19.1% | +38.2% |
| 2026 | -53.6% | -17.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMO and IBM good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DOMO and IBM?
As of 2026-08-27, the correlation of weekly returns between DOMO and IBM is 0.43 over 3 years, 0.49 over 1 year and 0.35 over 5 years.
Is IBM a good diversifier for DOMO?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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/domo-vs-ibm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/domo-vs-ibm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DOMO correlations · IBM correlations
