ALLT vs ARBE: Correlation
How closely do Allot Ltd. (ALLT) and Arbe Robotics Ltd. (ARBE) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLT and ARBE?
On 3 years of weekly data the ALLT/ARBE correlation comes out at 0.40, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. The 5-year figure is 0.29, and annualized covariance runs at 2183.4 %².
Within ALLT's tracked universe of 12 assets, ARBE comes in at #5 by 3-year correlation. The last year tells two different stories: ALLT led by 54.6 percentage points, +2.5% for ALLT against -52.1% for ARBE.
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.
ALLT vs ARBE: side by side
| ALLT (Allot Ltd.) | ARBE (Arbe Robotics Ltd.) | |
|---|---|---|
| 1-year return | +2.5% | -52.1% |
| 5-year return | -52.5% | -93.4% |
| Volatility (ann.) | 61.6% | 87.7% |
| Beta vs S&P 500 | 1.39 | 2.41 |
| Max drawdown (3Y) | -49.1% | -86.1% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | 34.5 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALLT | ARBE |
|---|---|---|
| 2022 | -71.0% | -63.3% |
| 2023 | -52.0% | -36.1% |
| 2024 | +260.6% | -14.7% |
| 2025 | +65.2% | -36.6% |
| 2026 | -19.3% | -43.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLT and ARBE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ALLT and ARBE?
As of 2026-08-27, the correlation of weekly returns between ALLT and ARBE is 0.40 over 3 years, 0.37 over 1 year and 0.29 over 5 years.
Is ARBE a good diversifier for ALLT?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/allt-vs-arbe.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/allt-vs-arbe/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ALLT correlations · ARBE correlations
