ANNA vs LNSR: Correlation
How closely do AleAnna, Inc. (ANNA) and LENSAR, Inc. (LNSR) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and LNSR?
Over the past 3 years, ANNA and LNSR moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.37) runs below the 3-year figure (-0.22). Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -1363.9 %².
Among the 103 assets we track against ANNA, LNSR ranks #67 by 3-year correlation. Twelve-month performance is nearly a tie, at -34.3% for ANNA and -30.6% for LNSR.
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.
ANNA vs LNSR: side by side
| ANNA (AleAnna, Inc.) | LNSR (LENSAR, Inc.) | |
|---|---|---|
| 1-year return | -34.3% | -30.6% |
| 5-year return | -71.7% | +5.0% |
| Volatility (ann.) | 88.7% | 70.5% |
| Beta vs S&P 500 | -0.92 | 1.09 |
| Max drawdown (3Y) | -86.3% | -70.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 14.7 | 42.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | LNSR |
|---|---|---|
| 2022 | – | -50.6% |
| 2023 | +7.3% | +18.6% |
| 2024 | -37.6% | +154.7% |
| 2025 | -57.6% | +30.1% |
| 2026 | -3.0% | -27.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and LNSR good diversifiers for each other?
Yes. With a correlation of -0.22, ANNA and LNSR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and LNSR?
The ANNA/LNSR correlation stands at -0.22 on a 3-year window (1 year: -0.37, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is LNSR a good diversifier for ANNA?
Yes. With a correlation of -0.22, ANNA and LNSR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ANNA correlations · LNSR correlations
