FORR vs. ADP
FORR (Forrester Research, Inc.) and ADP (Automatic Data Processing, Inc.) are both stocks. Both are in the Industrials sector — FORR in Consulting Services, ADP in Staffing & Employment Services. Over the past 10 years, FORR returned -11.23%/yr vs 14.19%/yr for ADP. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
FORR vs. ADP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FORR achieves a 41.63% return, which is significantly higher than ADP's 5.24% return. Over the past 10 years, FORR has underperformed ADP with an annualized return of -11.23%, while ADP has yielded a comparatively higher 14.19% annualized return.
FORR
- 1D
- 18.07%
- 1M
- 21.69%
- 6M
- 41.80%
- YTD
- 41.63%
- 1Y
- 5.12%
- 3Y*
- -29.20%
- 5Y*
- -24.49%
- 10Y*
- -11.23%
- ALL TIME*
- 0.94%
ADP
- 1D
- 0.98%
- 1M
- 9.98%
- 6M
- 9.68%
- YTD
- 5.24%
- 1Y
- -8.85%
- 3Y*
- 4.81%
- 5Y*
- 7.24%
- 10Y*
- 14.19%
- ALL TIME*
- 14.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $692.52M | $605.05M | $636.26M | |
| $1.24M | $1.35M | $1.07M |
FORR vs. ADP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FORR Forrester Research, Inc. | 41.63% | -48.18% | -41.55% | -25.03% | -39.11% | 40.17% | 0.48% | -6.71% | 2.99% | 5.33% |
ADP Automatic Data Processing, Inc. | 5.24% | -10.18% | 28.41% | -0.25% | -1.29% | 42.60% | 5.86% | 32.71% | 14.25% | 16.54% |
Correlation
The correlation between FORR and ADP is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 27, 1996 | 0.31 |
The correlation between FORR and ADP shifts across timeframes, from 0.28 (3 years) to 0.41 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FORR:
$223.24M
ADP:
$106.51B
FORR:
-$2.83
ADP:
$10.94
FORR:
0.56
ADP:
4.90
FORR:
2.07
ADP:
17.65
FORR:
$392.47M
ADP:
$21.95B
FORR:
$212.00M
ADP:
$10.58B
FORR:
$15.35M
ADP:
$6.35B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FORR vs. ADP — Risk / Return Rank
FORR
ADP
FORR vs. ADP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Forrester Research, Inc. (FORR) and Automatic Data Processing, Inc. (ADP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FORR | ADP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.95 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.33 | -0.31 | +0.64 |
| Martin ratioReturn relative to average drawdown | 0.55 | -0.54 | +1.09 |
Loading charts...
Drawdowns
FORR vs. ADP - Drawdown Comparison
The maximum FORR drawdown since its inception was -92.02%, which is greater than ADP's maximum drawdown of -59.51%. Use the drawdown chart below to compare losses from any high point for FORR and ADP.
Loading charts...
Drawdown Indicators
| FORR | ADP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.02% | -59.51% | -32.51% |
Max Drawdown (1Y)Largest decline over 1 year | -54.95% | -37.68% | -17.27% |
Max Drawdown (3Y)Largest decline over 3 years | -84.44% | -40.78% | -43.66% |
Max Drawdown (5Y)Largest decline over 5 years | -91.68% | -40.78% | -50.90% |
Max Drawdown (10Y)Largest decline over 10 years | -91.68% | -40.78% | -50.90% |
Current DrawdownCurrent decline from peak | -81.83% | -15.78% | -66.05% |
Average DrawdownAverage peak-to-trough decline | -52.13% | -12.63% | -39.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.15% | 21.40% | +11.75% |
Volatility
FORR vs. ADP - Volatility Comparison
Forrester Research, Inc. (FORR) has a higher volatility of 23.35% compared to Automatic Data Processing, Inc. (ADP) at 10.56%. This indicates that FORR's price experiences larger fluctuations and is considered to be riskier than ADP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FORR | ADP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.35% | 10.56% | +12.79% |
Volatility (6M)Calculated over the trailing 6-month period | 45.50% | 23.32% | +22.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.80% | 26.92% | +30.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.71% | 22.72% | +19.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.02% | 24.71% | +16.31% |
Dividends
FORR vs. ADP - Dividend Comparison
FORR has not paid dividends to shareholders, while ADP's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADP Automatic Data Processing, Inc. | 2.49% | 2.46% | 1.96% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% |
FORR Forrester Research, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.79% | 2.15% | 1.68% | 2.39% |
Financials
FORR vs. ADP - Financials Comparison
This section allows you to compare key financial metrics between Forrester Research, Inc. and Automatic Data Processing, 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
FORR vs. ADP - Profitability Comparison
FORR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Forrester Research, Inc. reported a gross profit of 43.30M and revenue of 85.45M. Therefore, the gross margin over that period was 50.7%.
ADP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Automatic Data Processing, Inc. reported a gross profit of 2.90B and revenue of 5.47B. Therefore, the gross margin over that period was 53.0%.
FORR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Forrester Research, Inc. reported an operating income of -5.68M and revenue of 85.45M, resulting in an operating margin of -6.7%.
ADP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Automatic Data Processing, Inc. reported an operating income of 1.14B and revenue of 5.47B, resulting in an operating margin of 20.8%.
FORR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Forrester Research, Inc. reported a net income of -21.83M and revenue of 85.45M, resulting in a net margin of -25.5%.
ADP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Automatic Data Processing, Inc. reported a net income of 978.60M and revenue of 5.47B, resulting in a net margin of 17.9%.
Frequently Asked Questions
FORR and ADP have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FORR has higher volatility (23.35%) compared to ADP (10.56%). In terms of maximum drawdown, FORR dropped -92.02% vs ADP's -59.51%.
FORR currently has the higher Sharpe Ratio (0.31 vs -0.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FORR and ADP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer