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ALMS vs GNLX: Correlation

How closely do Alumis Inc. (ALMS) and Genelux Corporation (GNLX) trade together? Their weekly returns over three years give a correlation of -0.39, which is negative.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.39
negative
Correlation (1Y)
-0.49
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-4791.7
%² · weekly, annualized

How correlated are ALMS and GNLX?

Across a 3-year window, the weekly returns of ALMS and GNLX correlate at -0.39, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.49 over 1 year against -0.39 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -4791.7 %².

Among the 92 assets we track against ALMS, GNLX sits near the bottom by co-movement, at rank #92. Correlation aside, the last 12 months split them widely, with ALMS ahead by 392.6 points (+371.7% versus -20.9%).

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 GNLX: side by side

ALMS (Alumis Inc.)GNLX (Genelux Corporation)
1-year return+371.7%-20.9%
5-year returnn/an/a
Volatility (ann.)130.0%94.6%
Beta vs S&P 500-1.500.99
Max drawdown (3Y)-78.9%-94.4%
Market cap$3.0B$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ALMS -78.9% vs -94.4%
-29%0%+558%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ALMS · GNLX

Year-by-year returns

YearALMSGNLX
2024-83.2%
2025+24.2%+84.7%
2026+137.8%-33.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ALMS and GNLX good diversifiers for each other?

By historical standards, yes. A correlation of -0.39 means the two rarely move for the same reasons.

FAQ

What is the correlation between ALMS and GNLX?

Using weekly returns as of 2026-08-27: -0.39 over 3 years, with -0.49 over the last year and n/a over 5 years.

Is GNLX a good diversifier for ALMS?

By historical standards, yes. A correlation of -0.39 means the two rarely move for the same reasons.

What does a correlation of -0.39 mean?

On the −1 to +1 scale, -0.39 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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ALMS vs GNLX: 3-year weekly correlation -0.39ALMS vs GNLX-0.39

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Related comparisons

Hubs: ALMS correlations · GNLX correlations