Audiera vs AINFT

AINFT (NFT) is 6.1× the size of Audiera (BEAT) by market capitalisation. Over the past 30 days, BEAT is ahead by 22.1 percentage points (BEAT +20.8% against NFT -1.3%). Their daily returns move barely together (correlation 0.12 across 44 shared trading days). BEAT has been the more volatile of the two, at 154% annualised against NFT's 36%.

Correlation: 0.12
Size ratio: 1 : 6.1
Ahead over 30 days: BEAT

AudieraBEAT

$0.101954

24h: +1.82%
Market cap: $37.14M
Volume 24h: $4.47M
Volatility (ann.): 154%

AINFTNFT

$2.274e-7

24h: -2.55%
Market cap: $225.14M
Volume 24h: $19.91M
Volatility (ann.): 36%

BEAT 14.2%Share of the two combined market caps85.8% NFT

Performance

BEATNFT

7 days+20.87%-3.23%BEAT
30 days+20.78%-1.32%BEAT

Correlation

0.12over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	BEAT	NFT
Max drawdown (400d)	-50.3%	-18.9%
Risk-adjusted return (90d)	-0.12	-0.53

Relative strength over 90 days: BEAT outperformed NFT by 0.6% — measured on the BEAT/NFT ratio, so it holds regardless of market direction.

Audiera →AINFT →