ALMS vs. CVS

Last updated Aug 1, 2026

ALMS (Alumis Inc) and CVS (CVS Health Corporation) are both stocks. Both are in the Healthcare sector — ALMS in Biotechnology, CVS in Healthcare Plans. Over the past year, ALMS returned 584.02% vs 72.47% for CVS. Their 0.02 correlation means their historical movements had little consistent relationship.

Performance

ALMS vs. CVS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alumis Inc (ALMS) and CVS Health Corporation (CVS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALMS achieves a 189.45% return, which is significantly higher than CVS's 34.67% return.

ALMS

• 1D: -2.42%
• 1M: 6.60%
• 6M: 15.26%
• YTD: 189.45%
• 1Y: 584.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 42.40%

CVS

• 1D: -0.75%
• 1M: 0.34%
• 6M: 42.24%
• YTD: 34.67%
• 1Y: 72.47%
• 3Y*: 16.56%
• 5Y*: 8.40%
• 10Y*: 3.79%
• ALL TIME*: 10.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ALMS Alumis Inc	$25.75M	$38.17M	$32.73M
CVS CVS Health Corporation	$797.84M	$795.56M	$824.15M

ALMS vs. CVS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ALMS Alumis Inc	189.45%	24.17%	-41.78%
CVS CVS Health Corporation	34.67%	84.35%	-21.35%

Correlation

The correlation between ALMS and CVS is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.07
Correlation (All Time) Calculated using the full available price history since Jun 28, 2024	0.02

Fundamentals

Market Cap ALMS : $3.49B CVS : $133.25B
EPS ALMS : -$2.13 CVS : $2.30
PS Ratio ALMS : 374.19 CVS : 0.33
PB Ratio ALMS : 6.23 CVS : 1.72
Total Revenue (TTM) ALMS : $8.40M CVS : $407.91B
Gross Profit (TTM) ALMS : $5.79M CVS : $56.59B
EBITDA (TTM) ALMS : -$411.89M CVS : $9.99B

Return for Risk

ALMS vs. CVS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ALMS

ALMS Risk / Return Rank: 99
ALMS Sharpe Ratio Rank: 99
ALMS Sortino Ratio Rank: 99
ALMS Omega Ratio Rank: 98
ALMS Calmar Ratio Rank: 99
ALMS Martin Ratio Rank: 99

CVS

CVS Risk / Return Rank: 94
CVS Sharpe Ratio Rank: 95
CVS Sortino Ratio Rank: 91
CVS Omega Ratio Rank: 94
CVS Calmar Ratio Rank: 94
CVS Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ALMS vs. CVS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alumis Inc (ALMS) and CVS Health Corporation (CVS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ALMS	CVS	Difference
Sharpe ratio: Return per unit of total volatility	4.86	2.43	+2.43
Sortino ratio: Return per unit of downside risk	5.85	2.80	+3.04
Omega ratio: Gain probability vs. loss probability	1.73	1.43	+0.29
Calmar ratio: Return relative to maximum drawdown	16.03	4.49	+11.54
Martin ratio: Return relative to average drawdown	41.16	13.03	+28.13

ALMS vs. CVS - Sharpe Ratio Comparison

The current ALMS Sharpe Ratio is 4.86, which is higher than the CVS Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of ALMS and CVS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ALMS vs. CVS - Drawdown Comparison

The maximum ALMS drawdown since its inception was -79.26%, which is greater than CVS's maximum drawdown of -64.07%. Use the drawdown chart below to compare losses from any high point for ALMS and CVS.

Drawdown Indicators

	ALMS	CVS	Difference
Max Drawdown Largest peak-to-trough decline	-79.26%	-64.07%	-15.19%
Max Drawdown (1Y) Largest decline over 1 year	-36.66%	-16.44%	-20.22%
Max Drawdown (3Y) Largest decline over 3 years	—	-43.98%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-56.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.79%	—
Current Drawdown Current decline from peak	-6.77%	-4.99%	-1.78%
Average Drawdown Average peak-to-trough decline	-36.85%	-19.48%	-17.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.25%	5.66%	+8.59%

Volatility

ALMS vs. CVS - Volatility Comparison

Alumis Inc (ALMS) has a higher volatility of 20.35% compared to CVS Health Corporation (CVS) at 7.19%. This indicates that ALMS's price experiences larger fluctuations and is considered to be riskier than CVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALMS	CVS	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.35%	7.19%	+13.16%
Volatility (6M) Calculated over the trailing 6-month period	50.42%	21.03%	+29.39%
Volatility (1Y) Calculated over the trailing 1-year period	121.01%	30.46%	+90.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	114.08%	30.13%	+83.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.08%	29.39%	+84.69%

Dividends

ALMS vs. CVS - Dividend Comparison

ALMS has not paid dividends to shareholders, while CVS's dividend yield for the trailing twelve months is around 2.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALMS Alumis Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CVS CVS Health Corporation	2.55%	3.35%	5.93%	3.06%	2.36%	1.94%	2.93%	2.69%	3.05%	2.76%	2.15%	1.43%

Financials

Frequently Asked Questions

Can I hold both ALMS and CVS in my portfolio?

ALMS and CVS have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALMS or CVS?

ALMS has higher volatility (20.35%) compared to CVS (7.19%). In terms of maximum drawdown, ALMS dropped -79.26% vs CVS's -64.07%.

Which has better risk-adjusted returns?

ALMS currently has the higher Sharpe Ratio (4.86 vs 2.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.