Ethereum (ETH) is 7254.1× the size of AI Analysis Token (AIAT) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 30 shared trading days). Both have run at a similar volatility, around 69% annualised.
| Period | AIAT | ETH | Ahead |
|---|---|---|---|
| 7 days | +1.37% | +4.23% | ETH |
| 30 days | +51.13% | +13.15% | AIAT |
| 90 days | — | +54.23% | — |
| 1 year | — | -41.08% | — |
| Metric | AIAT | ETH |
|---|---|---|
| Max drawdown (400d) | -2.8% | -67.5% |
| Risk-adjusted return (90d) | 0.71 | 0.97 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: AIAT outperformed ETH by 46.0% — measured on the AIAT/ETH ratio, so it holds regardless of market direction.
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.