ALMS vs DIS: Correlation
How closely do Alumis Inc. (ALMS) and Walt Disney Company (The) (DIS) trade together? Their weekly returns over three years give a correlation of -0.16, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALMS and DIS?
On 3 years of weekly data the ALMS/DIS correlation comes out at -0.16, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.09) runs above the 3-year figure (-0.16). The 5-year figure is n/a, and annualized covariance runs at -600.6 %².
By 3-year correlation, DIS places #19 of the 92 assets tracked against ALMS. The last year tells two different stories: ALMS led by 379.9 percentage points, +371.7% for ALMS against -8.2% for DIS. One caveat on sizing: ALMS is 4.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ALMS vs DIS: side by side
| ALMS (Alumis Inc.) | DIS (Walt Disney Company (The)) | |
|---|---|---|
| 1-year return | +371.7% | -8.2% |
| 5-year return | n/a | -38.8% |
| Volatility (ann.) | 130.0% | 27.7% |
| Beta vs S&P 500 | -1.50 | 0.96 |
| Max drawdown (3Y) | -78.9% | -32.9% |
| Market cap | $3.0B | $184.4B |
| P/E (trailing) | – | 22.6 |
| Dividend yield | 0.00% | 1.37% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | ALMS | DIS |
|---|---|---|
| 2022 | – | -43.9% |
| 2023 | – | +4.3% |
| 2024 | – | +24.4% |
| 2025 | +24.2% | +3.3% |
| 2026 | +137.8% | -5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALMS and DIS good diversifiers for each other?
Yes. With a correlation of -0.16, ALMS and DIS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ALMS and DIS?
Using weekly returns as of 2026-08-27: -0.16 over 3 years, with 0.09 over the last year and n/a over 5 years.
Is DIS a good diversifier for ALMS?
Yes. With a correlation of -0.16, ALMS and DIS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/alms-vs-dis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alms-vs-dis/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ALMS correlations · DIS correlations
