ALMU vs LAES: Correlation
Aeluma, Inc. (ALMU) and SEALSQ Corp (LAES) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALMU and LAES?
Over the past 3 years, ALMU and LAES moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.36 over 1 year against 0.41 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 11321.1 %².
In ALMU's tracked universe of 20 assets, LAES sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months LAES outperformed by 28.0 percentage points (-32.4% for ALMU against -4.4% for LAES). One caveat on sizing: LAES is 2.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ALMU vs LAES: side by side
| ALMU (Aeluma, Inc.) | LAES (SEALSQ Corp) | |
|---|---|---|
| 1-year return | -32.4% | -4.4% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 106.9% | 261.5% |
| Beta vs S&P 500 | 1.15 | 1.57 |
| Max drawdown (3Y) | -56.7% | -94.5% |
| Market cap | $0.3B | $0.6B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALMU | LAES |
|---|---|---|
| 2024 | +163.8% | +380.5% |
| 2025 | +124.4% | -38.5% |
| 2026 | -18.9% | -31.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALMU and LAES good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ALMU and LAES?
The ALMU/LAES correlation stands at 0.41 on a 3-year window (1 year: 0.36, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LAES a good diversifier for ALMU?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/almu-vs-laes.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/almu-vs-laes/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALMU correlations · LAES correlations
