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ALVO correlations (Alvotech)

ALVO measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

52.8%

3y weekly

Beta vs S&P 500

0.81

3y weekly

1-year return

-39.2%

price, adjusted

5-year return

-56.4%

price, adjusted

Market cap

$1.7B

latest

Max drawdown

-82.6%

3y, daily closes

ALVO over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ALVO

Asset		Correlation (3Y)
FCUV	Focus Universal Inc.	0.40
TOP	TOP Financial Group Limited - Class A	0.39
CDW	CDW Corporation	0.36
CTSH	Cognizant	0.35
IPW	iPower Inc.	0.35

These are the assets whose returns had the least to do with ALVO's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
SBRA	Sabra Health Care REIT, Inc.	-0.25
MNST	Monster Beverage	-0.25
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.24

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/alvo.json

Correlations, diversifiers, beta and volatility for ALVO, plus one endpoint per pair. API documentation.

ETF		ALVO weight
IBB	iShares Biotechnology ETF	0.05%