BBAI vs SOUN: Correlation
How closely do BigBear.ai, Inc. (BBAI) and SoundHound AI, Inc. (SOUN) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBAI and SOUN?
On 3 years of weekly data the BBAI/SOUN correlation comes out at 0.56, moderate. The link has tightened recently: the 1-year correlation (0.77) runs above the 3-year figure (0.56). The 5-year figure is 0.34, and annualized covariance runs at 8131.1 %².
In BBAI's tracked universe of 12 assets, SOUN sits right near the top at #2. Twelve-month performance is nearly a tie, at -37.8% for BBAI and -39.4% for SOUN.
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.
BBAI vs SOUN: side by side
| BBAI (BigBear.ai, Inc.) | SOUN (SoundHound AI, Inc.) | |
|---|---|---|
| 1-year return | -37.8% | -39.4% |
| 5-year return | -67.6% | -3.7% |
| Volatility (ann.) | 126.2% | 114.8% |
| Beta vs S&P 500 | 3.30 | 3.35 |
| Max drawdown (3Y) | -75.6% | -76.5% |
| Market cap | $1.5B | $3.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBAI | SOUN |
|---|---|---|
| 2022 | -88.1% | – |
| 2023 | +217.5% | +19.8% |
| 2024 | +107.9% | +835.8% |
| 2025 | +21.3% | -49.7% |
| 2026 | -40.9% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBAI and SOUN good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BBAI and SOUN?
As of 2026-08-27, the correlation of weekly returns between BBAI and SOUN is 0.56 over 3 years, 0.77 over 1 year and 0.34 over 5 years.
Is SOUN a good diversifier for BBAI?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 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/bbai-vs-soun.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bbai-vs-soun/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: BBAI correlations · SOUN correlations
