OUST vs. LAZR

Last updated Jul 14, 2026

OUST (Ouster, Inc.) and LAZR (Luminar Technologies, Inc.) are both stocks. Both are in the Technology sector — OUST in Electronic Components, LAZR in Software - Application. Their correlation of 0.83 suggests significant overlap in exposure.

Performance

OUST vs. LAZR - Performance Comparison

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

Returns By Period

OUST

• 1D: -7.51%
• 1M: 0.58%
• 6M: 46.52%
• YTD: 84.98%
• 1Y: 71.51%
• 3Y*: 87.42%
• 5Y*: -18.64%
• 10Y*: —

LAZR

• 1D: -4.58%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OUST vs. LAZR - Yearly Performance Comparison

	2026 (YTD)
OUST Ouster, Inc.	-25.97%
LAZR Luminar Technologies, Inc.	-18.70%

Correlation

The correlation between OUST and LAZR is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	0.83

Fundamentals

Market Cap OUST : $2.55B LAZR : $813.66K
EPS OUST : -$0.90 LAZR : -$3.37
PS Ratio OUST : 13.34 LAZR : 37.21
Total Revenue (TTM) OUST : $185.33M LAZR : $75.75M
Gross Profit (TTM) OUST : $90.79M LAZR : -$16.13M
EBITDA (TTM) OUST : -$50.85M LAZR : -$161.26M

Return for Risk

OUST vs. LAZR — Risk / Return Rank

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

OUST

OUST Risk / Return Rank: 70
OUST Sharpe Ratio Rank: 68
OUST Sortino Ratio Rank: 73
OUST Omega Ratio Rank: 70
OUST Calmar Ratio Rank: 71
OUST Martin Ratio Rank: 67

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.

OUST vs. LAZR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ouster, Inc. (OUST) 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.

	OUST	LAZR	Difference
Sharpe ratio: Return per unit of total volatility	0.68	—	—
Sortino ratio: Return per unit of downside risk	1.64	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.30	—	—
Martin ratio: Return relative to average drawdown	2.38	—	—

Drawdowns

OUST vs. LAZR - Drawdown Comparison

The maximum OUST drawdown since its inception was -98.01%, which is greater than LAZR's maximum drawdown of -19.60%. Use the drawdown chart below to compare losses from any high point for OUST and LAZR.

Drawdown Indicators

	OUST	LAZR	Difference
Max Drawdown Largest peak-to-trough decline	-98.01%	-19.60%	-78.41%
Max Drawdown (1Y) Largest decline over 1 year	-55.15%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-64.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-97.09%	—	—
Current Drawdown Current decline from peak	-75.37%	-19.60%	-55.77%
Average Drawdown Average peak-to-trough decline	-77.93%	-13.86%	-64.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.09%	—	—

Volatility

Volatility by Period

	OUST	LAZR	Difference
Volatility (1M) Calculated over the trailing 1-month period	47.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	79.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	105.43%	82.24%	+23.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	98.63%	82.24%	+16.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.97%	82.24%	+14.73%

Dividends

OUST vs. LAZR - Dividend Comparison

Neither OUST nor LAZR has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both OUST and LAZR in my portfolio?

OUST and LAZR have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.