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Rand Fishkin, founder of Moz, asked volunteers to share their web traffic data and compared them with predictive traffic scores from various vendors, including SimilarWeb and Alexa. Rand received 4 months of traffic data (unique visits in Dec 2014-March 2015) from 143 websites, ranging from a few hundred visits per month all the way up to 25 million+ monthly visits. For SimilarWeb and Alexa, the result is as follows:

  1. SimilarWebglobal rank
    • Spearman’s Correlation w/ Actual Traffic: 0.839
    • Standard Error: 0.0435
    • Data coverage: 97.2%
  1. AlexaAlexa Rank
    • Spearman’s Correlation w/ Actual Traffic: 0.702
    • Standard Error: 0.0607
    • Data coverage: 100%

SimilarWeb is slightly better.

The Traffic Prediction Accuracy of 12 Metrics from Compete, Alexa, SimilarWeb, & More - Rand's Blog

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