Baby Shark Universe vs AINFT

AINFT (NFT) is 120.6× the size of Baby Shark Universe (BSU) by market capitalisation. Over the past 30 days, NFT is ahead by 62.7 percentage points (BSU -60.6% against NFT +2.0%). Their daily returns move barely in opposite directions (correlation -0.14 across 31 shared trading days). BSU has been the more volatile of the two, at 132% annualised against NFT's 36%.

Correlation: -0.14
Size ratio: 1 : 120.6
Ahead over 30 days: NFT

Baby Shark UniverseBSU

$0.002176

24h: -1.28%
Market cap: $1.85M
Volume 24h: $1.04M
Volatility (ann.): 132%

AINFTNFT

$2.252e-7

24h: -3.95%
Market cap: $222.97M
Volume 24h: $17.46M
Volatility (ann.): 36%

BSU 0.8%Share of the two combined market caps99.2% NFT

Performance

BSUNFT

7 days-31.19%+0.44%NFT
30 days-60.63%+2.02%NFT

Correlation

-0.14over 31 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	BSU	NFT
Max drawdown (400d)	-60.9%	-17.9%
Risk-adjusted return (90d)	-0.46	-0.45

Relative strength over 90 days: NFT outperformed BSU by 60.0% — measured on the BSU/NFT ratio, so it holds regardless of market direction.

Baby Shark Universe →AINFT →