OUST vs. LAZR
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. Over the past 5 years, OUST returned -18.39%/yr vs -77.63%/yr for LAZR. At a 0.46 correlation, their price movements are largely independent.
Performance
OUST vs. LAZR - Performance Comparison
Loading charts...
Returns By Period
OUST
- 1D
- 2.38%
- 1M
- 28.76%
- YTD
- 120.33%
- 6M
- 108.03%
- 1Y
- 121.46%
- 3Y*
- 106.43%
- 5Y*
- -18.39%
- 10Y*
- —
LAZR
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- -13.46%
- 1Y
- -93.05%
- 3Y*
- -87.39%
- 5Y*
- -77.63%
- 10Y*
- —
OUST vs. LAZR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
OUST Ouster, Inc. | 120.33% | 77.09% | 59.32% | -11.12% | -83.40% | -61.48% | 39.18% |
LAZR Luminar Technologies, Inc. | 0.00% | -96.50% | -89.36% | -31.92% | -70.73% | -50.26% | 223.81% |
Correlation
The correlation between OUST and LAZR is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2020 | 0.46 |
Over the past year, the correlation between OUST and LAZR has dropped to 0.23 - well below their long-term average of 0.46, suggesting their price drivers have been diverging.
Fundamentals
OUST:
-$0.94
LAZR:
-$3.95
OUST:
15.36
LAZR:
0.15
OUST:
$185.33M
LAZR:
$75.75M
OUST:
$90.79M
LAZR:
-$16.13M
OUST:
-$50.85M
LAZR:
-$161.26M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
OUST vs. LAZR — Risk / Return Rank
OUST
LAZR
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 ratioReturn per unit of total volatility | +1.65 | ||
| Sortino ratioReturn per unit of downside risk | +2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.87 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | -1.00 | +3.22 |
| Martin ratioReturn relative to average drawdown | 4.10 | -1.31 | +5.40 |
Loading charts...
Drawdowns
OUST vs. LAZR - Drawdown Comparison
The maximum OUST drawdown since its inception was -98.01%, roughly equal to the maximum LAZR drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for OUST and LAZR.
Loading charts...
Drawdown Indicators
| OUST | LAZR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.01% | -99.97% | +1.96% |
Max Drawdown (1Y)Largest decline over 1 year | -55.15% | -95.02% | +39.87% |
Max Drawdown (3Y)Largest decline over 3 years | -64.00% | -99.85% | +35.85% |
Max Drawdown (5Y)Largest decline over 5 years | -97.51% | -99.95% | +2.44% |
Current DrawdownCurrent decline from peak | -70.66% | -99.97% | +29.31% |
Average DrawdownAverage peak-to-trough decline | -78.00% | -63.00% | -15.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.77% | 72.66% | -42.89% |
Volatility
OUST vs. LAZR - Volatility Comparison
Ouster, Inc. (OUST) has a higher volatility of 36.05% compared to Luminar Technologies, Inc. (LAZR) at 0.00%. This indicates that OUST's price experiences larger fluctuations and is considered to be riskier than LAZR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OUST | LAZR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 36.05% | 0.00% | +36.05% |
Volatility (6M)Calculated over the trailing 6-month period | 68.89% | 189.24% | -120.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 98.35% | 234.36% | -136.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.77% | 131.57% | -34.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.74% | 115.41% | -19.67% |
Dividends
OUST vs. LAZR - Dividend Comparison
Neither OUST nor LAZR has paid dividends to shareholders.
Financials
OUST vs. LAZR - Financials Comparison
This section allows you to compare key financial metrics between Ouster, Inc. and Luminar Technologies, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
OUST and LAZR have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OUST has higher volatility (36.05%) compared to LAZR (0.00%). In terms of maximum drawdown, OUST dropped -98.01% vs LAZR's -99.97%.
OUST currently has the higher Sharpe Ratio (1.24 vs -0.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for OUST and LAZR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer