LAZR vs. BBAI

Last updated Jul 11, 2026

LAZR (Luminar Technologies, Inc.) and BBAI (BigBear.ai Holdings, Inc.) are both stocks. Both are in the Technology sector — LAZR in Software - Application, BBAI in Information Technology Services. A 0.60 correlation means they provide meaningful diversification when combined.

Performance

LAZR vs. BBAI - Performance Comparison

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

Returns By Period

LAZR

• 1D: -1.92%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBAI

• 1D: -1.51%
• 1M: -18.66%
• 6M: -47.26%
• YTD: -39.44%
• 1Y: -49.22%
• 3Y*: 16.46%
• 5Y*: —
• 10Y*: —

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

LAZR vs. BBAI - Yearly Performance Comparison

	2026 (YTD)
LAZR Luminar Technologies, Inc.	-14.80%
BBAI BigBear.ai Holdings, Inc.	-9.17%

Correlation

The correlation between LAZR and BBAI is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	0.60

Fundamentals

Market Cap LAZR : $852.69K BBAI : $1.17B
EPS LAZR : -$3.37 BBAI : -$0.10
PS Ratio LAZR : 38.99 BBAI : 75.04
Total Revenue (TTM) LAZR : $75.75M BBAI : $127.35M
Gross Profit (TTM) LAZR : -$16.13M BBAI : $32.81M
EBITDA (TTM) LAZR : -$161.26M BBAI : -$230.18M

Return for Risk

LAZR vs. BBAI — Risk / Return Rank

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

LAZR

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

BBAI

BBAI Risk / Return Rank: 16
BBAI Sharpe Ratio Rank: 17
BBAI Sortino Ratio Rank: 19
BBAI Omega Ratio Rank: 21
BBAI Calmar Ratio Rank: 12
BBAI Martin Ratio Rank: 13

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.

LAZR vs. BBAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Luminar Technologies, Inc. (LAZR) and BigBear.ai Holdings, Inc. (BBAI). 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.

	LAZR	BBAI	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.61	—
Sortino ratio: Return per unit of downside risk	—	-0.70	—
Omega ratio: Gain probability vs. loss probability	—	0.93	—
Calmar ratio: Return relative to maximum drawdown	—	-0.82	—
Martin ratio: Return relative to average drawdown	—	-1.28	—

Drawdowns

LAZR vs. BBAI - Drawdown Comparison

The maximum LAZR drawdown since its inception was -19.49%, smaller than the maximum BBAI drawdown of -95.01%. Use the drawdown chart below to compare losses from any high point for LAZR and BBAI.

Drawdown Indicators

	LAZR	BBAI	Difference
Max Drawdown Largest peak-to-trough decline	-19.49%	-95.01%	+75.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-65.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-75.56%	—
Current Drawdown Current decline from peak	-15.74%	-74.23%	+58.49%
Average Drawdown Average peak-to-trough decline	-13.14%	-70.81%	+57.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	42.35%	—

Volatility

Volatility by Period

	LAZR	BBAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.11%	—
Volatility (6M) Calculated over the trailing 6-month period	—	53.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	86.55%	88.37%	-1.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.55%	173.36%	-86.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.55%	173.36%	-86.81%

Dividends

LAZR vs. BBAI - Dividend Comparison

Neither LAZR nor BBAI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LAZR and BBAI in my portfolio?

LAZR and BBAI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.