DOMO vs NOW: Correlation
Measured on weekly returns over the past three years, Domo, Inc. (DOMO) and ServiceNow (NOW) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMO and NOW?
Over the past 3 years, DOMO and NOW moved with a correlation of 0.47, which is moderate. The relationship has been stable: the 1-year correlation (0.55) sits close to the 3-year figure. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 1528.6 %².
Among the 13 assets we track against DOMO, NOW ranks #5 by 3-year correlation. The last year tells two different stories: NOW led by 55.6 percentage points, -77.7% for DOMO against -22.1% for NOW. Note the risk asymmetry: DOMO runs 1.7 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 NOW: side by side
| DOMO (Domo, Inc.) | NOW (ServiceNow) | |
|---|---|---|
| 1-year return | -77.7% | -22.1% |
| 5-year return | -95.7% | +7.9% |
| Volatility (ann.) | 74.7% | 43.2% |
| Beta vs S&P 500 | 2.02 | 1.38 |
| Max drawdown (3Y) | -89.0% | -64.5% |
| Market cap | $0.2B | $143.1B |
| P/E (trailing) | – | 78.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | DOMO | NOW |
|---|---|---|
| 2022 | -71.3% | -40.2% |
| 2023 | -27.7% | +82.0% |
| 2024 | -31.2% | +50.1% |
| 2025 | +19.1% | -27.7% |
| 2026 | -53.6% | -9.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMO and NOW good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DOMO and NOW?
As of 2026-08-27, the correlation of weekly returns between DOMO and NOW is 0.47 over 3 years, 0.55 over 1 year and 0.52 over 5 years.
Is NOW a good diversifier for DOMO?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
A reading of 0.47 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-now.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/domo-vs-now/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DOMO correlations · NOW correlations
