GFR vs SOS: Correlation
Measured on weekly returns over the past three years, Greenfire Resources Ltd. (GFR) and SOS Limited Class A (SOS) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GFR and SOS?
Over the past 3 years, GFR and SOS moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.31 lands near the 3-year figure. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -1246.8 %².
SOS is close to the least connected end of GFR's tracked universe, ranking #9 of 11. Their recent paths diverged sharply: over the last 12 months GFR outperformed by 67.6 percentage points (+23.0% for GFR against -44.6% for SOS). One caveat on sizing: SOS is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GFR vs SOS: side by side
| GFR (Greenfire Resources Ltd.) | SOS (SOS Limited Class A) | |
|---|---|---|
| 1-year return | +23.0% | -44.6% |
| 5-year return | -37.0% | -100.0% |
| Volatility (ann.) | 53.7% | 110.9% |
| Beta vs S&P 500 | 0.55 | 1.13 |
| Max drawdown (3Y) | -63.5% | -99.2% |
| Market cap | $0.9B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GFR | SOS |
|---|---|---|
| 2022 | +2.7% | -93.4% |
| 2023 | -52.1% | +68.5% |
| 2024 | +45.3% | -90.1% |
| 2025 | -32.6% | -79.7% |
| 2026 | +29.2% | -33.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GFR and SOS good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GFR and SOS?
The GFR/SOS correlation stands at -0.21 on a 3-year window (1 year: -0.31, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is SOS a good diversifier for GFR?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/gfr-vs-sos.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gfr-vs-sos/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GFR correlations · SOS correlations
