Alfa Romeo Racing ORLEN Fan Token vs Chiliz

Chiliz (CHZ) is 456.4× the size of Alfa Romeo Racing ORLEN Fan Token (SAUBER) by market capitalisation. Over the past 1 year, SAUBER is ahead by 18.2 percentage points (SAUBER -43.7% against CHZ -61.9%). Their daily returns move barely together (correlation 0.16 across 361 shared trading days). CHZ has been the more volatile of the two, at 89% annualised against SAUBER's 71%.

Correlation: 0.16
Size ratio: 1 : 456.4
Ahead over 1 year: SAUBER

Alfa Romeo Racing ORLEN Fan TokenSAUBER

$0.094237

24h: -4.61%
Market cap: $269,663
Volume 24h: $210,989
Volatility (ann.): 71%

ChilizCHZ

$0.011590

24h: -2.82%
Market cap: $123.06M
Volume 24h: $17.10M
Volatility (ann.): 89%

SAUBER 0.2%Share of the two combined market caps99.8% CHZ

Performance

SAUBERCHZ

7 days+0.63%-7.39%SAUBER
30 days-3.13%-32.65%SAUBER
90 days+6.20%-13.35%SAUBER
1 year-43.67%-61.86%SAUBER

Correlation

0.16over 361 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 0.191y: 0.16

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	SAUBER	CHZ
Max drawdown (400d)	-54.1%	-82.0%
Risk-adjusted return (90d)	0.18	-0.20
Best 30 days (past year)	—	+116.1%
Worst 30 days (past year)	—	-53.0%

Relative strength over 90 days: SAUBER outperformed CHZ by 19.7% — measured on the SAUBER/CHZ ratio, so it holds regardless of market direction.

Alfa Romeo Racing ORLEN Fan Token →Chiliz →