FRSH vs SABR: Correlation
Measured on weekly returns over the past three years, Freshworks Inc. (FRSH) and Sabre Corporation (SABR) 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 FRSH and SABR?
Over the past 3 years, FRSH and SABR moved with a correlation of 0.46, which is moderate. The relationship has been stable: the 1-year correlation (0.49) sits close to the 3-year figure. Over 5 years the correlation is 0.45, and the annualized covariance of weekly returns is 1715.7 %².
Among the 28 assets we track against FRSH, SABR ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SABR ahead by 20.3 points (+0.6% versus +20.9%). Risk is not evenly split, since SABR carries 1.5 times the volatility of the other side.
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.
FRSH vs SABR: side by side
| FRSH (Freshworks Inc.) | SABR (Sabre Corporation) | |
|---|---|---|
| 1-year return | +0.6% | +20.9% |
| 5-year return | -71.2% | -80.2% |
| Volatility (ann.) | 48.9% | 75.5% |
| Beta vs S&P 500 | 1.46 | 2.20 |
| Max drawdown (3Y) | -71.9% | -84.8% |
| Market cap | $3.6B | $0.9B |
| P/E (trailing) | 20.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRSH | SABR |
|---|---|---|
| 2022 | -44.0% | -28.1% |
| 2023 | +59.7% | -28.8% |
| 2024 | -31.2% | -17.0% |
| 2025 | -24.2% | -62.7% |
| 2026 | +11.8% | +57.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRSH and SABR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FRSH and SABR?
As of 2026-08-27, the correlation of weekly returns between FRSH and SABR is 0.46 over 3 years, 0.49 over 1 year and 0.45 over 5 years.
Is SABR a good diversifier for FRSH?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/frsh-vs-sabr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/frsh-vs-sabr/)
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Related comparisons
Hubs: FRSH correlations · SABR correlations
