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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

Correlation (3Y)
0.37
moderate
Correlation (1Y)
0.48
last 12 months
Correlation (5Y)
0.20
long-run
Ann. covariance
4463.6
%² · weekly, annualized

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 5001.533.35
Max drawdown (3Y)-87.7%-76.5%
Market cap$0.1B$3.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SOUN -76.5% vs -87.7%Higher 5y return: SOUN -3.7% vs -58.3%
-79%0%+33%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. SLSN · SOUN

Year-by-year returns

YearSLSNSOUN
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

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SLSN vs SOUN: 3-year weekly correlation 0.37SLSN vs SOUN0.37

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Related comparisons

Hubs: SLSN correlations · SOUN correlations