DappRadar vs SoSoValue

SoSoValue (SOSO) is 257.8× the size of DappRadar (RADAR) by market capitalisation. Over the past 30 days, SOSO is ahead by 54.3 percentage points (RADAR -49.6% against SOSO +4.6%). Their daily returns move barely together (correlation 0.24 across 30 shared trading days). RADAR has been the more volatile of the two, at 137% annualised against SOSO's 70%.

Correlation: 0.24
Size ratio: 1 : 257.8
Ahead over 30 days: SOSO

DappRadarRADAR

$0.000145

24h: —
Market cap: $432,250
Volume 24h: $3
Volatility (ann.): 137%

SoSoValueSOSO

$0.325773

24h: +4.03%
Market cap: $111.42M
Volume 24h: $4.33M
Volatility (ann.): 70%

RADAR 0.4%Share of the two combined market caps99.6% SOSO

Performance

RADARSOSO

7 days-2.33%+4.05%SOSO
30 days-49.65%+4.61%SOSO

Correlation

0.24over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	RADAR	SOSO
Max drawdown (400d)	-53.9%	-11.6%
Risk-adjusted return (90d)	-0.39	-0.01

Relative strength over 90 days: SOSO outperformed RADAR by 52.6% — measured on the RADAR/SOSO ratio, so it holds regardless of market direction.

DappRadar →SoSoValue →