NEAR Protocol (NEAR) is 43.0× the size of AIOZ Network (AIOZ) by market capitalisation. Their daily returns move closely together (correlation 0.78 across 57 shared trading days). AIOZ has been the more volatile of the two, at 238% annualised against NEAR's 108%.
AIOZNEAR
0.78over 57 shared trading days
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.
| Metric | AIOZ | NEAR |
|---|---|---|
| Max drawdown (400d) | -29.8% | -68.7% |
| Risk-adjusted return (90d) | 0.42 | 1.11 |
| Best 30 days (past year) | — | +195.3% |
| Worst 30 days (past year) | — | -48.1% |
Relative strength over 90 days: NEAR outperformed AIOZ by 21.3% — measured on the AIOZ/NEAR ratio, so it holds regardless of market direction.