Alumis Inc. Common Stock (ALMS) — Stock Correlations & Overview
Over the past year, ALMS has moved most closely with HKPD, NLYpI, WHFCL. Explore the stocks most correlated and inversely correlated with ALMS below, along with its price, financials, and company profile.
Stocks correlated with ALMS
Correlation of daily returns. Higher positive values move with ALMS; negative values move opposite it. Informational only, not investment advice.
Most correlated with ALMS
| Symbol | Company | Correlation |
|---|---|---|
| HKPD | Cellyan Biotechnology Co., Ltd Class A Ordinary Shares | 0.33 |
| NLYpI | Annaly Capital Management, Inc. 6.750% Series I Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.32 |
| WHFCL | WhiteHorse Finance, Inc. 7.875% Notes due 2028 | 0.32 |
| BBC | Virtus Biotech Clinical Trials ETF | 0.31 |
| XCCC | BondBloxx CCC-Rated USD High Yield Corporate Bond ETF | 0.31 |
Most inversely correlated with ALMS
| Symbol | Company | Correlation |
|---|---|---|
| SSM | Sono Group N.V. Ordinary SharesFINANCE SERVICES | -0.33 |
| TIL | Instil Bio, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.32 |
| LABD | Direxion Daily S&P Biotech Bear 3X ETF | -0.26 |
| RWM | ProShares Short Russell2000 | -0.25 |
| CVX | Chevron CorporationPETROLEUM REFINING | -0.25 |
Frequently asked questions about ALMS correlations
- Which stocks are most correlated with ALMS?
- Based on one year of daily returns, the stocks most correlated with Alumis Inc. Common Stock (ALMS) are HKPD (0.33), NLYpI (0.32) and WHFCL (0.32). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with ALMS?
- Over the past year, the stocks most inversely correlated with Alumis Inc. Common Stock (ALMS) are SSM (-0.33), TIL (-0.32) and LABD (-0.26). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these ALMS correlations calculated?
- We compute the correlation of daily returns between ALMS and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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