EBON vs SOS: Correlation
How closely do Ebang International Holdings Inc. - Class A (EBON) and SOS Limited Class A (SOS) trade together? Their weekly returns over three years give a correlation of 0.46, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBON and SOS?
Across a 3-year window, the weekly returns of EBON and SOS correlate at 0.46, moderate. The past 12 months show a weaker link (0.34) than the 3-year average (0.46). Stretching to 5 years gives 0.57, with an annualized covariance of 4481.2 %².
By 3-year correlation, SOS places #7 of the 14 assets tracked against EBON. Their 12-month results are close: -43.5% for EBON against -44.6% for SOS.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EBON vs SOS: side by side
| EBON (Ebang International Holdings Inc. - Class A) | SOS (SOS Limited Class A) | |
|---|---|---|
| 1-year return | -43.5% | -44.6% |
| 5-year return | -97.1% | -100.0% |
| Volatility (ann.) | 87.4% | 110.9% |
| Beta vs S&P 500 | 1.50 | 1.13 |
| Max drawdown (3Y) | -90.4% | -99.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EBON | SOS |
|---|---|---|
| 2022 | -90.6% | -93.4% |
| 2023 | +425.8% | +68.5% |
| 2024 | -62.6% | -90.1% |
| 2025 | -46.5% | -79.7% |
| 2026 | -27.4% | -33.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBON and SOS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EBON and SOS?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.34 over the last year and 0.57 over 5 years.
Is SOS a good diversifier for EBON?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ebon-vs-sos.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ebon-vs-sos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EBON correlations · SOS correlations
