OpenRoboto vs EfficientFrontier

EfficientFrontier (SN53) is 4.8× the size of OpenRoboto (SN80) by market capitalisation. Over the past 30 days, SN53 is ahead by 39.4 percentage points (SN80 -16.7% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.45 across 38 shared trading days). Both have run at a similar volatility, around 194% annualised.

Correlation: 0.45
Size ratio: 1 : 4.8
Ahead over 30 days: SN53

OpenRobotoSN80

$3.4300

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

EfficientFrontierSN53

$6.9400

24h: -1.85%
Market cap: $40.51M
Volume 24h: $2.43M
Volatility (ann.): 200%

SN80 17.4%Share of the two combined market caps82.6% SN53

Performance

SN80SN53

7 days-26.83%-14.51%SN53
30 days-16.67%+22.72%SN53

Correlation

0.45over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	SN53
Max drawdown (400d)	-60.1%	-40.6%
Risk-adjusted return (90d)	0.06	0.09

Relative strength over 90 days: SN80 outperformed SN53 by 15.4% — measured on the SN80/SN53 ratio, so it holds regardless of market direction.

OpenRoboto →EfficientFrontier →