HOLO vs SJ: Correlation
MicroCloud Hologram Inc. (HOLO) and Scienjoy Holding Corporation - Class A (SJ) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HOLO and SJ?
On 3 years of weekly data the HOLO/SJ correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.26 over 3. The 5-year figure is -0.17, and annualized covariance runs at -14323.4 %².
Among the 27 assets we track against HOLO, SJ ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SJ ahead by 94.0 points (-59.6% versus +34.4%). Note the risk asymmetry: HOLO runs 7.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
HOLO vs SJ: side by side
| HOLO (MicroCloud Hologram Inc.) | SJ (Scienjoy Holding Corporation - Class A) | |
|---|---|---|
| 1-year return | -59.6% | +34.4% |
| 5-year return | -100.0% | -79.3% |
| Volatility (ann.) | 648.5% | 85.6% |
| Beta vs S&P 500 | 3.02 | -0.26 |
| Max drawdown (3Y) | -100.0% | -87.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HOLO | SJ |
|---|---|---|
| 2022 | -77.2% | -65.3% |
| 2023 | -84.4% | +76.6% |
| 2024 | -93.1% | -70.1% |
| 2025 | -98.7% | -33.2% |
| 2026 | -28.4% | +41.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HOLO and SJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between HOLO and SJ?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.19 over the last year and -0.17 over 5 years.
Is SJ a good diversifier for HOLO?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 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/holo-vs-sj.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/holo-vs-sj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HOLO correlations · SJ correlations
