BabyBoomToken vs Adshares

Adshares (ADS) is 1.1× the size of BabyBoomToken (BBT) by market capitalisation. Over the past 30 days, ADS is ahead by 31.5 percentage points (BBT -37.1% against ADS -5.6%). Their daily returns move barely in opposite directions (correlation -0.04 across 31 shared trading days). BBT has been the more volatile of the two, at 164% annualised against ADS's 36%.

Correlation: -0.04
Size ratio: 1 : 1.1
Ahead over 30 days: ADS

BabyBoomTokenBBT

$0.090982

24h: +1.87%
Market cap: $15.62M
Volume 24h: $79,809
Volatility (ann.): 164%

AdsharesADS

$0.436852

24h: -0.06%
Market cap: $16.93M
Volume 24h: $569,002
Volatility (ann.): 36%

BBT 48.0%Share of the two combined market caps52.0% ADS

Performance

BBTADS

7 days-6.07%-2.31%ADS
30 days-37.14%-5.63%ADS

Correlation

-0.04over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	BBT	ADS
Max drawdown (400d)	-41.3%	-12.0%
Risk-adjusted return (90d)	-0.23	-0.16

Relative strength over 90 days: ADS outperformed BBT by 39.1% — measured on the BBT/ADS ratio, so it holds regardless of market direction.

BabyBoomToken →Adshares →