ALMS vs VST: Correlation
Measured on weekly returns over the past three years, Alumis Inc. (ALMS) and Vistra Corp. (VST) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALMS and VST?
Across a 3-year window, the weekly returns of ALMS and VST correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.06) than the 3-year average (-0.22). Stretching to 5 years gives n/a, with an annualized covariance of -1633.3 %².
Among the 92 assets we track against ALMS, VST ranks #49 by 3-year correlation. The last year tells two different stories: ALMS led by 399.5 percentage points, +371.7% for ALMS against -27.8% for VST. Note the risk asymmetry: ALMS runs 2.5 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 VST: side by side
| ALMS (Alumis Inc.) | VST (Vistra Corp.) | |
|---|---|---|
| 1-year return | +371.7% | -27.8% |
| 5-year return | n/a | +713.7% |
| Volatility (ann.) | 130.0% | 52.8% |
| Beta vs S&P 500 | -1.50 | 1.62 |
| Max drawdown (3Y) | -78.9% | -48.8% |
| Market cap | $3.0B | $46.9B |
| P/E (trailing) | – | 23.6 |
| Dividend yield | 0.00% | 0.65% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | ALMS | VST |
|---|---|---|
| 2022 | – | +5.1% |
| 2023 | – | +70.7% |
| 2024 | – | +261.5% |
| 2025 | +24.2% | +17.7% |
| 2026 | +137.8% | -13.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALMS and VST good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between ALMS and VST?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.06 over the last year and n/a over 5 years.
Is VST a good diversifier for ALMS?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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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Related comparisons
Hubs: ALMS correlations · VST correlations
