SOUN vs VERI: Correlation
SoundHound AI, Inc. (SOUN) and Veritone, Inc. (VERI) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SOUN and VERI?
Across a 3-year window, the weekly returns of SOUN and VERI correlate at 0.46, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.46 over 3. Stretching to 5 years gives 0.33, with an annualized covariance of 6243.7 %².
Among the 13 assets we track against SOUN, VERI ranks #6 by 3-year correlation. The last year tells two different stories: SOUN led by 33.6 percentage points, -39.4% for SOUN against -73.0% for VERI.
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.
SOUN vs VERI: side by side
| SOUN (SoundHound AI, Inc.) | VERI (Veritone, Inc.) | |
|---|---|---|
| 1-year return | -39.4% | -73.0% |
| 5-year return | -3.7% | -95.9% |
| Volatility (ann.) | 114.8% | 118.8% |
| Beta vs S&P 500 | 3.35 | 2.91 |
| Max drawdown (3Y) | -76.5% | -90.5% |
| Market cap | $3.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SOUN | VERI |
|---|---|---|
| 2022 | – | -76.4% |
| 2023 | +19.8% | -65.8% |
| 2024 | +835.8% | +81.2% |
| 2025 | -49.7% | +41.8% |
| 2026 | -27.6% | -82.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SOUN and VERI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SOUN and VERI?
As of 2026-08-27, the correlation of weekly returns between SOUN and VERI is 0.46 over 3 years, 0.50 over 1 year and 0.33 over 5 years.
Is VERI a good diversifier for SOUN?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/soun-vs-veri.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/soun-vs-veri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SOUN correlations · VERI correlations
