SLSN vs SOUN: Correlation
Solesence, Inc. (SLSN) and SoundHound AI, Inc. (SOUN) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLSN and SOUN?
On 3 years of weekly data the SLSN/SOUN correlation comes out at 0.37, moderate. The past 12 months show a tighter link (0.48) than the 3-year average (0.37). The 5-year figure is 0.20, and annualized covariance runs at 4463.6 %².
Few assets follow SLSN as closely as SOUN, which ranks #2 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months SOUN outperformed by 34.0 percentage points (-73.4% for SLSN against -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.
SLSN vs SOUN: side by side
| SLSN (Solesence, Inc.) | SOUN (SoundHound AI, Inc.) | |
|---|---|---|
| 1-year return | -73.4% | -39.4% |
| 5-year return | -58.3% | -3.7% |
| Volatility (ann.) | 103.9% | 114.8% |
| Beta vs S&P 500 | 1.53 | 3.35 |
| Max drawdown (3Y) | -87.7% | -76.5% |
| Market cap | $0.1B | $3.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLSN | SOUN |
|---|---|---|
| 2022 | -74.3% | – |
| 2023 | -46.9% | +19.8% |
| 2024 | +306.7% | +835.8% |
| 2025 | -34.4% | -49.7% |
| 2026 | -40.3% | -27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLSN and SOUN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SLSN and SOUN?
The SLSN/SOUN correlation stands at 0.37 on a 3-year window (1 year: 0.48, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is SOUN a good diversifier for SLSN?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/slsn-vs-soun.json
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Hubs: SLSN correlations · SOUN correlations