ACRV vs ALMS: Correlation
Acrivon Therapeutics, Inc. (ACRV) and Alumis Inc. (ALMS) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACRV and ALMS?
On 3 years of weekly data the ACRV/ALMS correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.28 over 3. The 5-year figure is n/a, and annualized covariance runs at -3164.1 %².
Among the 14 assets we track against ACRV, ALMS sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with ALMS ahead by 313.6 points (+58.1% versus +371.7%).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACRV vs ALMS: side by side
| ACRV (Acrivon Therapeutics, Inc.) | ALMS (Alumis Inc.) | |
|---|---|---|
| 1-year return | +58.1% | +371.7% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 94.2% | 130.0% |
| Beta vs S&P 500 | 1.58 | -1.50 |
| Max drawdown (3Y) | -91.3% | -78.9% |
| Market cap | $0.1B | $3.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACRV | ALMS |
|---|---|---|
| 2023 | -57.3% | – |
| 2024 | +22.4% | – |
| 2025 | -60.0% | +24.2% |
| 2026 | -10.8% | +137.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACRV and ALMS good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACRV and ALMS?
As of 2026-08-27, the correlation of weekly returns between ACRV and ALMS is -0.28 over 3 years, -0.30 over 1 year and n/a over 5 years.
Is ALMS a good diversifier for ACRV?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: ACRV correlations · ALMS correlations
