LAZR vs. BMEA

Last updated Jul 17, 2026

LAZR (Luminar Technologies, Inc.) and BMEA (Biomea Fusion, Inc.) are both stocks. LAZR operates in Software - Application (Technology), while BMEA operates in Biotechnology (Healthcare). At a correlation of -0.02, they often move in opposite directions.

Performance

LAZR vs. BMEA - Performance Comparison

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

Returns By Period

LAZR

• 1D: -6.22%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BMEA

• 1D: -2.33%
• 1M: 8.62%
• 6M: -9.68%
• YTD: 1.61%
• 1Y: -34.03%
• 3Y*: -61.85%
• 5Y*: -37.92%
• 10Y*: —

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

LAZR vs. BMEA - Yearly Performance Comparison

	2026 (YTD)
LAZR Luminar Technologies, Inc.	-22.50%
BMEA Biomea Fusion, Inc.	-9.35%

Correlation

The correlation between LAZR and BMEA is -0.02, 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	-0.02

Fundamentals

Market Cap LAZR : $775.60K BMEA : $74.97M
EPS LAZR : -$3.37 BMEA : -$0.53
Total Revenue (TTM) LAZR : $75.75M BMEA : $0.00
Gross Profit (TTM) LAZR : -$16.13M BMEA : -$947.00K
EBITDA (TTM) LAZR : -$161.26M BMEA : -$60.67M

Return for Risk

LAZR vs. BMEA — 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.

BMEA

BMEA Risk / Return Rank: 29
BMEA Sharpe Ratio Rank: 28
BMEA Sortino Ratio Rank: 33
BMEA Omega Ratio Rank: 32
BMEA Calmar Ratio Rank: 25
BMEA Martin Ratio Rank: 29

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. BMEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Luminar Technologies, Inc. (LAZR) and Biomea Fusion, Inc. (BMEA). 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	BMEA	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.38	—
Sortino ratio: Return per unit of downside risk	—	-0.03	—
Omega ratio: Gain probability vs. loss probability	—	1.00	—
Calmar ratio: Return relative to maximum drawdown	—	-0.53	—
Martin ratio: Return relative to average drawdown	—	-0.79	—

Drawdowns

LAZR vs. BMEA - Drawdown Comparison

The maximum LAZR drawdown since its inception was -23.36%, smaller than the maximum BMEA drawdown of -97.71%. Use the drawdown chart below to compare losses from any high point for LAZR and BMEA.

Drawdown Indicators

	LAZR	BMEA	Difference
Max Drawdown Largest peak-to-trough decline	-23.36%	-97.71%	+74.35%
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	-23.36%	-96.99%	+73.63%
Average Drawdown Average peak-to-trough decline	-15.14%	-67.50%	+52.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	43.14%	—

Volatility

Volatility by Period

	LAZR	BMEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	60.72%	—
Volatility (1Y) Calculated over the trailing 1-year period	81.36%	89.36%	-8.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	81.36%	110.71%	-29.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	81.36%	108.91%	-27.55%

Dividends

LAZR vs. BMEA - Dividend Comparison

Neither LAZR nor BMEA has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LAZR and BMEA in my portfolio?

LAZR and BMEA have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.