Opus The Trencher vs SoSoValue

SoSoValue (SOSO) is 17809.8× the size of Opus The Trencher (OPUS) by market capitalisation. Over the past 30 days, SOSO is ahead by 37.2 percentage points (OPUS -28.3% against SOSO +8.8%). Their daily returns move barely together (correlation 0.08 across 20 shared trading days). SOSO has been the more volatile of the two, at 69% annualised against OPUS's 44%.

Correlation: 0.08
Size ratio: 1 : 17809.8
Ahead over 30 days: SOSO

Opus The TrencherOPUS

$6.340e-6

24h: +3.05%
Market cap: $6,162
Volume 24h: $2
Volatility (ann.): 44%

SoSoValueSOSO

$0.320890

24h: +2.11%
Market cap: $109.75M
Volume 24h: $4.21M
Volatility (ann.): 69%

OPUS 0.0%Share of the two combined market caps100.0% SOSO

Performance

OPUSSOSO

7 days-10.03%+6.09%SOSO
30 days-28.32%+8.84%SOSO

Correlation

0.08over 20 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	OPUS	SOSO
Max drawdown (400d)	-28.9%	-11.6%
Risk-adjusted return (90d)	-0.65	0.03

Relative strength over 90 days: SOSO outperformed OPUS by 19.8% — measured on the OPUS/SOSO ratio, so it holds regardless of market direction.

Opus The Trencher →SoSoValue →