Historical data shows that a consistent $500 monthly investment into Alumis Inc. Common Stock (ALMS) starting in 2020 would have turned a total investment of $22K into $56K today. This represents a total return of 161.7% over the 6-year period, compounding through dividend reinvestment and market growth.
The Impact of Dividend Reinvestment (DRIP)
Alumis Inc. Common Stock does not currently pay a notable dividend. For growth-focused stocks like ALMS, dollar cost averaging relies entirely on price appreciation. Over the 6-year period, the strategy successfully captured the stock's price movements, resulting in a final portfolio value of $56K without the need for dividend reinvestment.
ALMS vs. S&P 500 (SPY) Benchmark
When comparing this dollar cost averaging strategy against a broad market index,ALMS outperformed the S&P 500 ETF (SPY). The same $500 monthly contributions into SPY would have grown to $28K, compared to ALMS's $56K.