Aethir vs Grass

Grass (GRASS) is 3.8× the size of Aethir (ATH) by market capitalisation. Over the past 30 days, GRASS is ahead by 64.0 percentage points (ATH +14.2% against GRASS +78.2%). Their daily returns move very closely together (correlation 0.86 across 56 shared trading days). GRASS has been the more volatile of the two, at 212% annualised against ATH's 149%.

Correlation: 0.86
Size ratio: 1 : 3.8
Ahead over 30 days: GRASS

AethirATH

$0.005272

24h: +7.07%
Market cap: $106.08M
Volume 24h: $14.68M
Volatility (ann.): 149%

GrassGRASS

$0.563557

24h: -0.47%
Market cap: $406.87M
Volume 24h: $20.08M
Volatility (ann.): 212%

ATH 20.7%Share of the two combined market caps79.3% GRASS

Performance

ATHGRASS

7 days-9.24%-15.26%ATH
30 days+14.20%+78.19%GRASS

Correlation

0.86over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9190d: 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	ATH	GRASS
Max drawdown (400d)	-22.7%	-25.3%
Risk-adjusted return (90d)	0.30	0.36

Relative strength over 90 days: GRASS outperformed ATH by 21.8% — measured on the ATH/GRASS ratio, so it holds regardless of market direction.

Aethir →Grass →