affine vs lium

lium (SN51) is 3.1× the size of affine (SN120) by market capitalisation. Over the past 30 days, SN51 is ahead by 36.8 percentage points (SN120 -15.2% against SN51 +21.6%). Their daily returns move closely together (correlation 0.73 across 53 shared trading days). SN51 has been the more volatile of the two, at 139% annualised against SN120's 117%.

Correlation: 0.73
Size ratio: 1 : 3.1
Ahead over 30 days: SN51

affineSN120

$10.0800

24h: +6.08%
Market cap: $44.89M
Volume 24h: $210,933
Volatility (ann.): 117%

liumSN51

$27.8100

24h: +6.32%
Market cap: $141.14M
Volume 24h: $1.64M
Volatility (ann.): 139%

SN120 24.1%Share of the two combined market caps75.9% SN51

Performance

SN120SN51

7 days-6.33%-12.01%SN120
30 days-15.18%+21.60%SN51

Correlation

0.73over 53 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6890d: 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	SN120	SN51
Max drawdown (400d)	-37.7%	-19.1%
Risk-adjusted return (90d)	-0.13	0.66

Relative strength over 90 days: SN51 outperformed SN120 by 49.5% — measured on the SN120/SN51 ratio, so it holds regardless of market direction.

affine →lium →