LENZ vs SOUN: Correlation
LENZ Therapeutics, Inc. (LENZ) and SoundHound AI, Inc. (SOUN) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LENZ and SOUN?
Across a 3-year window, the weekly returns of LENZ and SOUN correlate at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 3579.0 %².
By 3-year correlation, SOUN places #5 of the 10 assets tracked against LENZ. Correlation aside, the last 12 months split them widely, with SOUN ahead by 47.7 points (-87.1% versus -39.4%).
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.
LENZ vs SOUN: side by side
| LENZ (LENZ Therapeutics, Inc.) | SOUN (SoundHound AI, Inc.) | |
|---|---|---|
| 1-year return | -87.1% | -39.4% |
| 5-year return | -92.9% | -3.7% |
| Volatility (ann.) | 78.6% | 114.8% |
| Beta vs S&P 500 | 1.26 | 3.35 |
| Max drawdown (3Y) | -90.6% | -76.5% |
| Market cap | $0.2B | $3.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LENZ | SOUN |
|---|---|---|
| 2022 | -73.3% | – |
| 2023 | -21.1% | +19.8% |
| 2024 | +230.7% | +835.8% |
| 2025 | -44.6% | -49.7% |
| 2026 | -69.9% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LENZ and SOUN good diversifiers for each other?
Reasonably. At 0.40, LENZ and SOUN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LENZ and SOUN?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.39 over the last year and 0.36 over 5 years.
Is SOUN a good diversifier for LENZ?
Reasonably. At 0.40, LENZ and SOUN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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
$ curl https://www.pairbook.io/api/v1/pairs/lenz-vs-soun.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lenz-vs-soun/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LENZ correlations · SOUN correlations
