HOLO vs SNAP: Correlation
MicroCloud Hologram Inc. (HOLO) and Snap Inc. (SNAP) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HOLO and SNAP?
On 3 years of weekly data the HOLO/SNAP correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.30) runs above the 3-year figure (-0.30). The 5-year figure is -0.19, and annualized covariance runs at -11458.3 %².
Among the 27 assets we track against HOLO, SNAP sits near the bottom by co-movement, at rank #25. Their recent paths diverged sharply: over the last 12 months SNAP outperformed by 35.9 percentage points (-59.6% for HOLO against -23.7% for SNAP). Risk is not evenly split, since HOLO carries 10.8 times the volatility of the other side.
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 SNAP: side by side
| HOLO (MicroCloud Hologram Inc.) | SNAP (Snap Inc.) | |
|---|---|---|
| 1-year return | -59.6% | -23.7% |
| 5-year return | -100.0% | -92.8% |
| Volatility (ann.) | 648.5% | 59.8% |
| Beta vs S&P 500 | 3.02 | 1.59 |
| Max drawdown (3Y) | -100.0% | -77.5% |
| Market cap | – | $9.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HOLO | SNAP |
|---|---|---|
| 2022 | -77.2% | -81.0% |
| 2023 | -84.4% | +89.2% |
| 2024 | -93.1% | -36.4% |
| 2025 | -98.7% | -25.1% |
| 2026 | -28.4% | -34.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HOLO and SNAP good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between HOLO and SNAP?
As of 2026-08-27, the correlation of weekly returns between HOLO and SNAP is -0.30 over 3 years, 0.30 over 1 year and -0.19 over 5 years.
Is SNAP a good diversifier for HOLO?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 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-snap.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/holo-vs-snap/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HOLO correlations · SNAP correlations
