τaos vs EfficientFrontier

EfficientFrontier (SN53) is 11.7× the size of τaos (SN79) by market capitalisation. Over the past 30 days, SN53 is ahead by 44.0 percentage points (SN79 -40.7% against SN53 +3.3%). Their daily returns move barely together (correlation 0.18 across 27 shared trading days). SN53 has been the more volatile of the two, at 198% annualised against SN79's 130%.

Correlation: 0.18
Size ratio: 1 : 11.7
Ahead over 30 days: SN53

τaosSN79

$0.690164

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

EfficientFrontierSN53

$6.8900

24h: -2.94%
Market cap: $40.33M
Volume 24h: $3.27M
Volatility (ann.): 198%

SN79 7.9%Share of the two combined market caps92.1% SN53

Performance

SN79SN53

7 days-4.04%-20.65%SN79
30 days-40.70%+3.32%SN53

Correlation

0.18over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	SN53
Max drawdown (400d)	-53.0%	-41.8%
Risk-adjusted return (90d)	-0.31	0.06

Relative strength over 90 days: SN53 outperformed SN79 by 54.5% — measured on the SN79/SN53 ratio, so it holds regardless of market direction.

τaos →EfficientFrontier →