OpenRoboto vs lium

lium (SN51) is 15.8× the size of OpenRoboto (SN80) by market capitalisation. Over the past 30 days, SN51 is ahead by 32.8 percentage points (SN80 -16.7% against SN51 +16.1%). Their daily returns move loosely together (correlation 0.52 across 34 shared trading days). SN80 has been the more volatile of the two, at 189% annualised against SN51's 140%.

Correlation: 0.52
Size ratio: 1 : 15.8
Ahead over 30 days: SN51

OpenRobotoSN80

$3.4300

24h: -4.39%
Market cap: $8.51M
Volume 24h: $251,312
Volatility (ann.): 189%

liumSN51

$26.5300

24h: +0.75%
Market cap: $134.43M
Volume 24h: $3.35M
Volatility (ann.): 140%

SN80 6.0%Share of the two combined market caps94.0% SN51

Performance

SN80SN51

7 days-26.83%-13.99%SN51
30 days-16.67%+16.13%SN51

Correlation

0.52over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5590d: 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	SN80	SN51
Max drawdown (400d)	-60.1%	-19.1%
Risk-adjusted return (90d)	0.06	0.59

Relative strength over 90 days: SN51 outperformed SN80 by 16.1% — measured on the SN80/SN51 ratio, so it holds regardless of market direction.

OpenRoboto →lium →