ALTO vs KVYO: Correlation
Measured on weekly returns over the past three years, Alto Ingredients, Inc. (ALTO) and Klaviyo, Inc. Series A (KVYO) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALTO and KVYO?
Over the past 3 years, ALTO and KVYO moved with a correlation of 0.38, which is moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.38 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2148.6 %².
Among the 15 assets we track against ALTO, KVYO ranks #5 by 3-year correlation. The last year tells two different stories: ALTO led by 328.4 percentage points, +289.5% for ALTO against -38.9% for KVYO. Risk is not evenly split, since ALTO carries 1.6 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.
ALTO vs KVYO: side by side
| ALTO (Alto Ingredients, Inc.) | KVYO (Klaviyo, Inc. Series A) | |
|---|---|---|
| 1-year return | +289.5% | -38.9% |
| 5-year return | -16.4% | n/a |
| Volatility (ann.) | 93.7% | 60.2% |
| Beta vs S&P 500 | 0.15 | 1.09 |
| Max drawdown (3Y) | -84.1% | -73.9% |
| Market cap | $0.3B | $5.9B |
| P/E (trailing) | 6.1 | 653.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALTO | KVYO |
|---|---|---|
| 2022 | -40.1% | – |
| 2023 | -7.6% | – |
| 2024 | -41.4% | +48.5% |
| 2025 | +84.6% | -21.3% |
| 2026 | +42.0% | -39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALTO and KVYO good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ALTO and KVYO?
As of 2026-08-27, the correlation of weekly returns between ALTO and KVYO is 0.38 over 3 years, 0.35 over 1 year and n/a over 5 years.
Is KVYO a good diversifier for ALTO?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/alto-vs-kvyo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/alto-vs-kvyo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALTO correlations · KVYO correlations
