ALMS vs MRVL: Correlation
How closely do Alumis Inc. (ALMS) and Marvell Technology (MRVL) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALMS and MRVL?
On 3 years of weekly data the ALMS/MRVL correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.26 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -1922.4 %².
By 3-year correlation, MRVL places #58 of the 92 assets tracked against ALMS. Correlation aside, the last 12 months split them widely, with ALMS ahead by 148.2 points (+371.7% versus +223.5%). Note the risk asymmetry: ALMS runs 2.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 MRVL: side by side
| ALMS (Alumis Inc.) | MRVL (Marvell Technology) | |
|---|---|---|
| 1-year return | +371.7% | +223.5% |
| 5-year return | n/a | +297.0% |
| Volatility (ann.) | 130.0% | 57.8% |
| Beta vs S&P 500 | -1.50 | 2.19 |
| Max drawdown (3Y) | -78.9% | -60.8% |
| Market cap | $3.0B | $217.0B |
| P/E (trailing) | – | 82.7 |
| Dividend yield | 0.00% | 0.10% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | ALMS | MRVL |
|---|---|---|
| 2022 | – | -57.5% |
| 2023 | – | +63.7% |
| 2024 | – | +83.8% |
| 2025 | +24.2% | -22.8% |
| 2026 | +137.8% | +184.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALMS and MRVL good diversifiers for each other?
Yes. With a correlation of -0.24, ALMS and MRVL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ALMS and MRVL?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.26 over the last year and n/a over 5 years.
Is MRVL a good diversifier for ALMS?
Yes. With a correlation of -0.24, ALMS and MRVL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
A reading of -0.24 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-mrvl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/alms-vs-mrvl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALMS correlations · MRVL correlations
