QLYS vs RAMP: Correlation
How closely do Qualys, Inc. (QLYS) and LiveRamp Holdings, Inc. (RAMP) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QLYS and RAMP?
Over the past 3 years, QLYS and RAMP moved with a correlation of 0.48, which is moderate. The relationship has been stable: the 1-year correlation (0.41) sits close to the 3-year figure. Over 5 years the correlation is 0.49, and the annualized covariance of weekly returns is 838.4 %².
Within QLYS's tracked universe of 13 assets, RAMP comes in at #7 by 3-year correlation. Their 12-month results are close: +40.0% for QLYS against +38.1% for RAMP.
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.
QLYS vs RAMP: side by side
| QLYS (Qualys, Inc.) | RAMP (LiveRamp Holdings, Inc.) | |
|---|---|---|
| 1-year return | +40.0% | +38.1% |
| 5-year return | +62.5% | -22.9% |
| Volatility (ann.) | 43.5% | 40.4% |
| Beta vs S&P 500 | 1.09 | 1.07 |
| Max drawdown (3Y) | -63.0% | -48.2% |
| Market cap | $6.5B | $2.3B |
| P/E (trailing) | 30.7 | 15.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QLYS | RAMP |
|---|---|---|
| 2022 | -18.2% | -51.1% |
| 2023 | +74.9% | +61.6% |
| 2024 | -28.6% | -19.8% |
| 2025 | -5.2% | -3.3% |
| 2026 | +41.9% | +28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QLYS and RAMP good diversifiers for each other?
Reasonably. At 0.48, QLYS and RAMP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between QLYS and RAMP?
The QLYS/RAMP correlation stands at 0.48 on a 3-year window (1 year: 0.41, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is RAMP a good diversifier for QLYS?
Reasonably. At 0.48, QLYS and RAMP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: QLYS correlations · RAMP correlations
