In an approach for determining optimal performance-related configurations of applications by analyzing peer data, a processor monitors instances of an application, wherein the instances of the application are running on a plurality of devices. A processor receives data related to: configuration parameters of the application, system parameters of the plurality of devices, and performance metrics of the plurality of devices. A processor determines correlation and dependencies between the configuration parameters with associated system parameters, using: an all pair analysis and a Pearson product-moment correlation coefficient (PPMCC). A processor determines dependencies between the configuration parameters with performance metrics. A processor recommends to a user, configuration settings of the application, based on the analysis of the data.