Official Layoff Coin vs SoSoValue

SoSoValue (SOSO) is 1962.9× the size of Official Layoff Coin (LAYOFF) by market capitalisation. Over the past 30 days, SOSO is ahead by 83.2 percentage points (LAYOFF -74.3% against SOSO +8.8%). Their daily returns move barely in opposite directions (correlation -0.13 across 22 shared trading days). LAYOFF has been the more volatile of the two, at 211% annualised against SOSO's 69%.

Correlation: -0.13
Size ratio: 1 : 1962.9
Ahead over 30 days: SOSO

Official Layoff CoinLAYOFF

$5.789e-5

24h: +6.30%
Market cap: $55,908
Volume 24h: $631
Volatility (ann.): 211%

SoSoValueSOSO

$0.320885

24h: +2.70%
Market cap: $109.74M
Volume 24h: $2.91M
Volatility (ann.): 69%

LAYOFF 0.1%Share of the two combined market caps99.9% SOSO

Performance

LAYOFFSOSO

7 days-50.32%+6.09%SOSO
30 days-74.32%+8.84%SOSO

Correlation

-0.13over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	LAYOFF	SOSO
Max drawdown (400d)	-82.8%	-11.6%
Risk-adjusted return (90d)	-0.38	0.03

Relative strength over 90 days: SOSO outperformed LAYOFF by 68.2% — measured on the LAYOFF/SOSO ratio, so it holds regardless of market direction.

Official Layoff Coin →SoSoValue →