Cycle Network vs SOON

SOON (SOON) is 10.1× the size of Cycle Network (CYC) by market capitalisation. Over the past 30 days, CYC is ahead by 252.8 percentage points (CYC +293.7% against SOON +41.0%). Their daily returns move barely together (correlation 0.16 across 25 shared trading days). CYC has been the more volatile of the two, at 223% annualised against SOON's 145%.

Correlation: 0.16
Size ratio: 1 : 10.1
Ahead over 30 days: CYC

Cycle NetworkCYC

$0.058594

24h: -1.57%
Market cap: $8.91M
Volume 24h: $389,350
Volatility (ann.): 223%

SOONSOON

$0.263635

24h: +2.68%
Market cap: $89.58M
Volume 24h: $8.10M
Volatility (ann.): 145%

CYC 9.0%Share of the two combined market caps91.0% SOON

Performance

CYCSOON

7 days+50.53%-15.92%CYC
30 days+293.73%+40.96%CYC

Correlation

0.16over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	CYC	SOON
Max drawdown (400d)	-23.6%	-29.1%
Risk-adjusted return (90d)	1.32	0.19

Relative strength over 90 days: CYC outperformed SOON by 152.5% — measured on the CYC/SOON ratio, so it holds regardless of market direction.

Cycle Network →SOON →