SoundHound AI, Inc. Class A Common Stock (SOUN) — Stock Correlations & Overview
Over the past year, SOUN has moved most closely with SOUX, SOUNW, WISE. Explore the stocks most correlated and inversely correlated with SOUN below, along with its price, financials, and company profile.
Stocks correlated with SOUN
Correlation of daily returns. Higher positive values move with SOUN; negative values move opposite it. Informational only, not investment advice.
Most correlated with SOUN
| Symbol | Company | Correlation |
|---|---|---|
| SOUX | Defiance Daily Target 2X Long SOUN ETF | 0.99 |
| SOUNW | SoundHound AI, Inc. WarrantSERVICES-PREPACKAGED SOFTWARE | 0.86 |
| WISE | Themes Generative Artificial Intelligence ETF | 0.70 |
| ROBT | First Trust Nasdaq Artificial Intelligence and Robotics ETF | 0.69 |
| BUZZ | VanEck Social Sentiment ETF | 0.67 |
Most inversely correlated with SOUN
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.66 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | -0.58 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.55 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.55 |
| TWM | ProShares UltraShort Russell2000 | -0.55 |
Frequently asked questions about SOUN correlations
- Which stocks are most correlated with SOUN?
- Based on one year of daily returns, the stocks most correlated with SoundHound AI, Inc. Class A Common Stock (SOUN) are SOUX (0.99), SOUNW (0.86) and WISE (0.70). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with SOUN?
- Over the past year, the stocks most inversely correlated with SoundHound AI, Inc. Class A Common Stock (SOUN) are SARK (-0.66), AIBD (-0.58) and SRTY (-0.55). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these SOUN correlations calculated?
- We compute the correlation of daily returns between SOUN and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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