8 Ball vs affine

affine (SN120) is 24.6× the size of 8 Ball (SN125) by market capitalisation. Over the past 30 days, SN125 is ahead by 36.2 percentage points (SN125 +16.5% against SN120 -19.7%). Their daily returns move closely together (correlation 0.76 across 25 shared trading days). SN125 has been the more volatile of the two, at 137% annualised against SN120's 118%.

Correlation: 0.76
Size ratio: 1 : 24.6
Ahead over 30 days: SN125

8 BallSN125

$0.529263

24h: +0.19%
Market cap: $1.81M
Volume 24h: $5,156
Volatility (ann.): 137%

affineSN120

$10.0300

24h: +5.64%
Market cap: $44.59M
Volume 24h: $723,058
Volatility (ann.): 118%

SN125 3.9%Share of the two combined market caps96.1% SN120

Performance

SN125SN120

7 days-5.41%-13.26%SN125
30 days+16.53%-19.70%SN125

Correlation

0.76over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7690d: 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	SN125	SN120
Max drawdown (400d)	-33.2%	-37.7%
Risk-adjusted return (90d)	0.12	-0.16

Relative strength over 90 days: SN120 outperformed SN125 by 4.9% — measured on the SN125/SN120 ratio, so it holds regardless of market direction.

8 Ball →affine →