Correlation
The correlation between ASAN and DOCN is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ASAN vs. DOCN
Compare and contrast key facts about Asana, Inc. (ASAN) and DigitalOcean Holdings, Inc. (DOCN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ASAN or DOCN.
Performance
ASAN vs. DOCN - Performance Comparison
Loading data...
Key characteristics
ASAN:
0.41
DOCN:
-0.41
ASAN:
1.15
DOCN:
-0.22
ASAN:
1.15
DOCN:
0.97
ASAN:
0.28
DOCN:
-0.29
ASAN:
1.00
DOCN:
-1.19
ASAN:
25.86%
DOCN:
19.21%
ASAN:
77.55%
DOCN:
58.23%
ASAN:
-92.17%
DOCN:
-84.78%
ASAN:
-87.25%
DOCN:
-78.57%
Fundamentals
ASAN:
$4.21B
DOCN:
$2.62B
ASAN:
-$1.11
DOCN:
$1.13
ASAN:
5.82
DOCN:
3.25
ASAN:
18.51
DOCN:
67.92
ASAN:
$551.43M
DOCN:
$806.59M
ASAN:
$492.04M
DOCN:
$483.30M
ASAN:
-$171.75M
DOCN:
$261.22M
Returns By Period
In the year-to-date period, ASAN achieves a -10.26% return, which is significantly higher than DOCN's -18.05% return.
ASAN
-10.26%
13.12%
20.07%
31.72%
-7.25%
N/A
N/A
DOCN
-18.05%
-11.14%
-26.29%
-23.51%
-17.97%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ASAN vs. DOCN — Risk-Adjusted Performance Rank
ASAN
DOCN
ASAN vs. DOCN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Asana, Inc. (ASAN) and DigitalOcean Holdings, Inc. (DOCN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
ASAN vs. DOCN - Dividend Comparison
Neither ASAN nor DOCN has paid dividends to shareholders.
Drawdowns
ASAN vs. DOCN - Drawdown Comparison
The maximum ASAN drawdown since its inception was -92.17%, which is greater than DOCN's maximum drawdown of -84.78%. Use the drawdown chart below to compare losses from any high point for ASAN and DOCN.
Loading data...
Volatility
ASAN vs. DOCN - Volatility Comparison
The current volatility for Asana, Inc. (ASAN) is 10.07%, while DigitalOcean Holdings, Inc. (DOCN) has a volatility of 20.21%. This indicates that ASAN experiences smaller price fluctuations and is considered to be less risky than DOCN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
ASAN vs. DOCN - Financials Comparison
This section allows you to compare key financial metrics between Asana, Inc. and DigitalOcean Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ASAN vs. DOCN - Profitability Comparison
ASAN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Asana, Inc. reported a gross profit of 168.73M and revenue of 188.33M. Therefore, the gross margin over that period was 89.6%.
DOCN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, DigitalOcean Holdings, Inc. reported a gross profit of 129.44M and revenue of 210.70M. Therefore, the gross margin over that period was 61.4%.
ASAN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Asana, Inc. reported an operating income of -63.59M and revenue of 188.33M, resulting in an operating margin of -33.8%.
DOCN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, DigitalOcean Holdings, Inc. reported an operating income of 37.64M and revenue of 210.70M, resulting in an operating margin of 17.9%.
ASAN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Asana, Inc. reported a net income of -62.30M and revenue of 188.33M, resulting in a net margin of -33.1%.
DOCN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, DigitalOcean Holdings, Inc. reported a net income of 38.20M and revenue of 210.70M, resulting in a net margin of 18.1%.