Athledium vs SuperWalk GRND

SuperWalk GRND (GRND) is 47.4× the size of Athledium (AEM) by market capitalisation. Over the past 30 days, GRND is ahead by 5.4 percentage points (AEM +0.0% against GRND +5.4%). Their daily returns move barely together (correlation 0.14 across 28 shared trading days). GRND has been the more volatile of the two, at 53% annualised against AEM's 8%.

Correlation: 0.14
Size ratio: 1 : 47.4
Ahead over 30 days: GRND

AthlediumAEM

$0.042150

24h: —
Market cap: $154,323
Volume 24h: —
Volatility (ann.): 8%

SuperWalk GRNDGRND

$0.008903

24h: +0.14%
Market cap: $7.31M
Volume 24h: $35,756
Volatility (ann.): 53%

AEM 2.1%Share of the two combined market caps97.9% GRND

Performance

AEMGRND

7 days+0.07%+4.03%GRND
30 days+0.05%+5.44%GRND

Correlation

0.14over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	AEM	GRND
Max drawdown (400d)	-1.4%	-7.3%
Risk-adjusted return (90d)	0.01	0.10

Relative strength over 90 days: GRND outperformed AEM by 11.3% — measured on the AEM/GRND ratio, so it holds regardless of market direction.

Athledium →SuperWalk GRND →