ALMS vs MET: Correlation
Measured on weekly returns over the past three years, Alumis Inc. (ALMS) and MetLife (MET) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALMS and MET?
Across a 3-year window, the weekly returns of ALMS and MET correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.04) than the 3-year average (-0.18). Stretching to 5 years gives n/a, with an annualized covariance of -578.6 %².
Within ALMS's tracked universe of 92 assets, MET comes in at #31 by 3-year correlation. The last year tells two different stories: ALMS led by 349.6 percentage points, +371.7% for ALMS against +22.1% for MET. Risk is not evenly split, since ALMS carries 5.6 times the volatility of the other side.
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 MET: side by side
| ALMS (Alumis Inc.) | MET (MetLife) | |
|---|---|---|
| 1-year return | +371.7% | +22.1% |
| 5-year return | n/a | +80.8% |
| Volatility (ann.) | 130.0% | 23.3% |
| Beta vs S&P 500 | -1.50 | 0.89 |
| Max drawdown (3Y) | -78.9% | -22.0% |
| Market cap | $3.0B | $61.2B |
| P/E (trailing) | – | 18.5 |
| Dividend yield | 0.00% | 2.38% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ALMS | MET |
|---|---|---|
| 2022 | – | +19.2% |
| 2023 | – | -5.5% |
| 2024 | – | +27.7% |
| 2025 | +24.2% | -0.8% |
| 2026 | +137.8% | +24.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALMS and MET good diversifiers for each other?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ALMS and MET?
The ALMS/MET correlation stands at -0.18 on a 3-year window (1 year: -0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MET a good diversifier for ALMS?
Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.18 mean?
A reading of -0.18 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-met.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/alms-vs-met/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALMS correlations · MET correlations
