affine vs EfficientFrontier

affine (SN120) is 1.1× the size of EfficientFrontier (SN53) by market capitalisation. Over the past 30 days, SN53 is ahead by 18.5 percentage points (SN120 -15.2% against SN53 +3.3%). Their daily returns move loosely together (correlation 0.58 across 51 shared trading days). SN53 has been the more volatile of the two, at 198% annualised against SN120's 117%.

Correlation: 0.58
Size ratio: 1.1×
Ahead over 30 days: SN53

affineSN120

$10.0800

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

EfficientFrontierSN53

$6.7000

24h: -0.04%
Market cap: $39.19M
Volume 24h: $2.89M
Volatility (ann.): 198%

SN120 53.4%Share of the two combined market caps46.6% SN53

Performance

SN120SN53

7 days-6.33%-20.65%SN120
30 days-15.18%+3.32%SN53

Correlation

0.58over 51 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	SN53
Max drawdown (400d)	-37.7%	-41.8%
Risk-adjusted return (90d)	-0.13	0.06

Relative strength over 90 days: SN53 outperformed SN120 by 27.2% — measured on the SN120/SN53 ratio, so it holds regardless of market direction.

affine →EfficientFrontier →