HyBridge vs SOON

SOON (SOON) is 4.8× the size of HyBridge (BRIDGE) by market capitalisation. Over the past 30 days, BRIDGE is ahead by 114.5 percentage points (BRIDGE +155.5% against SOON +41.0%). Their daily returns move barely together (correlation 0.18 across 33 shared trading days). BRIDGE has been the more volatile of the two, at 472% annualised against SOON's 145%.

Correlation: 0.18
Size ratio: 1 : 4.8
Ahead over 30 days: BRIDGE

HyBridgeBRIDGE

$0.088718

24h: +4.18%
Market cap: $17.74M
Volume 24h: $16,501
Volatility (ann.): 472%

SOONSOON

$0.252140

24h: -0.36%
Market cap: $85.69M
Volume 24h: $7.35M
Volatility (ann.): 145%

BRIDGE 17.2%Share of the two combined market caps82.8% SOON

Performance

BRIDGESOON

7 days+21.97%-15.92%BRIDGE
30 days+155.48%+40.96%BRIDGE

Correlation

0.18over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	BRIDGE	SOON
Max drawdown (400d)	-66.5%	-29.1%
Risk-adjusted return (90d)	0.47	0.19

Relative strength over 90 days: BRIDGE outperformed SOON by 155.2% — measured on the BRIDGE/SOON ratio, so it holds regardless of market direction.

HyBridge →SOON →