PairBook
HomeIMNM › IMNM vs LNSR

IMNM vs LNSR: Correlation

How closely do Immunome, Inc. (IMNM) and LENSAR, Inc. (LNSR) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.36
moderate
Correlation (1Y)
0.31
last 12 months
Correlation (5Y)
0.11
long-run
Ann. covariance
1910.6
%² · weekly, annualized

How correlated are IMNM and LNSR?

Across a 3-year window, the weekly returns of IMNM and LNSR correlate at 0.36, moderate. The relationship has been stable: the 1-year correlation (0.31) sits close to the 3-year figure. Stretching to 5 years gives 0.11, with an annualized covariance of 1910.6 %².

Among the 16 assets we track against IMNM, LNSR ranks #11 by 3-year correlation. The last year tells two different stories: IMNM led by 220.8 percentage points, +190.2% for IMNM against -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.

IMNM vs LNSR: side by side

IMNM (Immunome, Inc.)LNSR (LENSAR, Inc.)
1-year return+190.2%-30.6%
5-year return+102.5%+5.0%
Volatility (ann.)75.1%70.5%
Beta vs S&P 5001.551.09
Max drawdown (3Y)-79.7%-70.3%
Market cap$3.3B$0.1B
P/E (trailing)42.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: LNSR -70.3% vs -79.7%Higher 5y return: IMNM +102.5% vs +5.0%
-59%0%+174%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. IMNM · LNSR

Year-by-year returns

YearIMNMLNSR
2022-82.9%-50.6%
2023+384.2%+18.6%
2024-0.7%+154.7%
2025+102.3%+30.1%
2026+34.4%-27.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are IMNM and LNSR good diversifiers for each other?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between IMNM and LNSR?

Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.31 over the last year and 0.11 over 5 years.

Is LNSR a good diversifier for IMNM?

A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.36 mean?

A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/imnm-vs-lnsr.json

IMNM vs LNSR: 3-year weekly correlation 0.36IMNM vs LNSR0.36

Embed this badge (it refreshes with the data), with attribution:

[![IMNM vs LNSR correlation](https://www.pairbook.io/api/v1/badge/imnm-vs-lnsr.svg)](https://www.pairbook.io/pair/imnm-vs-lnsr/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: IMNM correlations · LNSR correlations