FONQ vs SoSoValue

SoSoValue (SOSO) is 2.0× the size of FONQ (FONQ) by market capitalisation. Over the past 30 days, SOSO is ahead by 8.8 percentage points (FONQ -4.1% against SOSO +4.6%). Their daily returns move barely together (correlation 0.16 across 52 shared trading days). SOSO has been the more volatile of the two, at 70% annualised against FONQ's 28%.

Correlation: 0.16
Size ratio: 1 : 2.0
Ahead over 30 days: SOSO

FONQFONQ

$0.074897

24h: +2.42%
Market cap: $52.47M
Volume 24h: $143,769
Volatility (ann.): 28%

SoSoValueSOSO

$0.313634

24h: -0.92%
Market cap: $107.25M
Volume 24h: $4.11M
Volatility (ann.): 70%

FONQ 32.9%Share of the two combined market caps67.1% SOSO

Performance

FONQSOSO

7 days-0.92%+4.05%SOSO
30 days-4.15%+4.61%SOSO

Correlation

0.16over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	FONQ	SOSO
Max drawdown (400d)	-10.2%	-11.6%
Risk-adjusted return (90d)	-0.04	-0.01

Relative strength over 90 days: SOSO outperformed FONQ by 3.5% — measured on the FONQ/SOSO ratio, so it holds regardless of market direction.

FONQ →SoSoValue →