ALMS vs GTEC: Correlation
Alumis Inc. (ALMS) and Greenland Technologies Holding Corporation - Class A (GTEC) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALMS and GTEC?
Across a 3-year window, the weekly returns of ALMS and GTEC correlate at 0.34, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.34 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 4506.2 %².
Within ALMS's tracked universe of 92 assets, GTEC comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ALMS outperformed by 412.5 percentage points (+371.7% for ALMS against -40.8% for GTEC).
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 GTEC: side by side
| ALMS (Alumis Inc.) | GTEC (Greenland Technologies Holding Corporation - Class A) | |
|---|---|---|
| 1-year return | +371.7% | -40.8% |
| 5-year return | n/a | -87.4% |
| Volatility (ann.) | 130.0% | 94.1% |
| Beta vs S&P 500 | -1.50 | 1.39 |
| Max drawdown (3Y) | -78.9% | -89.7% |
| Market cap | $3.0B | – |
| P/E (trailing) | – | 1.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALMS | GTEC |
|---|---|---|
| 2022 | – | -66.1% |
| 2023 | – | +28.0% |
| 2024 | – | -30.5% |
| 2025 | +24.2% | -68.4% |
| 2026 | +137.8% | +37.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALMS and GTEC good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ALMS and GTEC?
The ALMS/GTEC correlation stands at 0.34 on a 3-year window (1 year: 0.49, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GTEC a good diversifier for ALMS?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/alms-vs-gtec.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alms-vs-gtec/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALMS correlations · GTEC correlations
