affine vs Vanta Network

affine (SN120) is 1.0× the size of Vanta Network (VANTA) by market capitalisation. Over the past 30 days, VANTA is ahead by 34.3 percentage points (SN120 -15.2% against VANTA +19.1%). Their daily returns move very closely together (correlation 0.85 across 49 shared trading days). SN120 has been the more volatile of the two, at 117% annualised against VANTA's 90%.

Correlation: 0.85
Size ratio: 1.0×
Ahead over 30 days: VANTA

affineSN120

$10.0800

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

Vanta NetworkVANTA

$7.7000

24h: +5.55%
Market cap: $43.29M
Volume 24h: $405,829
Volatility (ann.): 90%

SN120 50.9%Share of the two combined market caps49.1% VANTA

Performance

SN120VANTA

7 days-6.33%-2.89%VANTA
30 days-15.18%+19.08%VANTA

Correlation

0.85over 49 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8290d: 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	VANTA
Max drawdown (400d)	-37.7%	-23.8%
Risk-adjusted return (90d)	-0.13	0.17

Relative strength over 90 days: VANTA outperformed SN120 by 33.1% — measured on the SN120/VANTA ratio, so it holds regardless of market direction.

affine →Vanta Network →