BMEA vs. LAZR

Last updated Jul 18, 2026

BMEA (Biomea Fusion, Inc.) and LAZR (Luminar Technologies, Inc.) are both stocks. BMEA operates in Biotechnology (Healthcare), while LAZR operates in Software - Application (Technology). At a correlation of -0.03, they often move in opposite directions.

Performance

BMEA vs. LAZR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Biomea Fusion, Inc. (BMEA) and Luminar Technologies, Inc. (LAZR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BMEA

• 1D: 1.59%
• 1M: 6.67%
• 6M: -9.22%
• YTD: 3.23%
• 1Y: -31.91%
• 3Y*: -61.26%
• 5Y*: -37.72%
• 10Y*: —

LAZR

• 1D: -3.42%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BMEA vs. LAZR - Yearly Performance Comparison

	2026 (YTD)
BMEA Biomea Fusion, Inc.	-7.91%
LAZR Luminar Technologies, Inc.	-25.15%

Correlation

The correlation between BMEA and LAZR is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	-0.03

Fundamentals

Market Cap BMEA : $76.16M LAZR : $749.06K
EPS BMEA : -$0.53 LAZR : -$3.37
Total Revenue (TTM) BMEA : $0.00 LAZR : $75.75M
Gross Profit (TTM) BMEA : -$947.00K LAZR : -$16.13M
EBITDA (TTM) BMEA : -$60.67M LAZR : -$161.26M

Return for Risk

BMEA vs. LAZR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BMEA

BMEA Risk / Return Rank: 31
BMEA Sharpe Ratio Rank: 29
BMEA Sortino Ratio Rank: 34
BMEA Omega Ratio Rank: 34
BMEA Calmar Ratio Rank: 27
BMEA Martin Ratio Rank: 30

LAZR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BMEA vs. LAZR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Biomea Fusion, Inc. (BMEA) and Luminar Technologies, Inc. (LAZR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BMEA	LAZR	Difference
Sharpe ratio: Return per unit of total volatility	-0.36	—	—
Sortino ratio: Return per unit of downside risk	0.02	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.50	—	—
Martin ratio: Return relative to average drawdown	-0.74	—	—

Drawdowns

BMEA vs. LAZR - Drawdown Comparison

The maximum BMEA drawdown since its inception was -97.71%, which is greater than LAZR's maximum drawdown of -25.98%. Use the drawdown chart below to compare losses from any high point for BMEA and LAZR.

Drawdown Indicators

	BMEA	LAZR	Difference
Max Drawdown Largest peak-to-trough decline	-97.71%	-25.98%	-71.73%
Max Drawdown (1Y) Largest decline over 1 year	-64.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-95.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-97.71%	—	—
Current Drawdown Current decline from peak	-96.94%	-25.98%	-70.96%
Average Drawdown Average peak-to-trough decline	-67.52%	-15.97%	-51.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.23%	—	—

Volatility

Volatility by Period

	BMEA	LAZR	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	60.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	89.08%	78.16%	+10.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	110.67%	78.16%	+32.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	108.88%	78.16%	+30.72%

Dividends

BMEA vs. LAZR - Dividend Comparison

Neither BMEA nor LAZR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BMEA and LAZR in my portfolio?

BMEA and LAZR have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.