τaos vs Chutes

Chutes (SN64) is 29.3× the size of τaos (SN79) by market capitalisation. Over the past 30 days, SN64 is ahead by 37.2 percentage points (SN79 -40.7% against SN64 -3.5%). Their daily returns move loosely together (correlation 0.55 across 23 shared trading days). Both have run at a similar volatility, around 135% annualised.

Correlation: 0.55
Size ratio: 1 : 29.3
Ahead over 30 days: SN64

τaosSN79

$0.690164

24h: -0.52%
Market cap: $3.45M
Volume 24h: $19,408
Volatility (ann.): 130%

ChutesSN64

$15.8900

24h: +5.62%
Market cap: $100.81M
Volume 24h: $502,933
Volatility (ann.): 140%

SN79 3.3%Share of the two combined market caps96.7% SN64

Performance

SN79SN64

7 days-4.04%-8.16%SN79
30 days-40.70%-3.47%SN64

Correlation

0.55over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SN79	SN64
Max drawdown (400d)	-53.0%	-32.6%
Risk-adjusted return (90d)	-0.31	0.03

Relative strength over 90 days: SN64 outperformed SN79 by 50.3% — measured on the SN79/SN64 ratio, so it holds regardless of market direction.

τaos →Chutes →