balajis vs BaseShake

balajis (BALAJIS) is 2.1× the size of BaseShake (BASESHAKE) by market capitalisation. Over the past 30 days, BASESHAKE is ahead by 19.2 percentage points (BALAJIS -29.8% against BASESHAKE -10.6%). Their daily returns move barely together (correlation 0.03 across 30 shared trading days). BALAJIS has been the more volatile of the two, at 108% annualised against BASESHAKE's 56%.

Correlation: 0.03
Size ratio: 2.1×
Ahead over 30 days: BASESHAKE

balajisBALAJIS

$0.000201

24h: +2.62%
Market cap: $200,794
Volume 24h: $14
Volatility (ann.): 108%

BaseShakeBASESHAKE

$9.691e-5

24h: —
Market cap: $96,910
Volume 24h: $1
Volatility (ann.): 56%

BALAJIS 67.4%Share of the two combined market caps32.6% BASESHAKE

Performance

BALAJISBASESHAKE

7 days-13.39%+2.76%BASESHAKE
30 days-29.77%-10.58%BASESHAKE

Correlation

0.03over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	BALAJIS	BASESHAKE
Max drawdown (400d)	-31.4%	-17.8%
Risk-adjusted return (90d)	-0.28	-0.16

Relative strength over 90 days: BASESHAKE outperformed BALAJIS by 24.1% — measured on the BALAJIS/BASESHAKE ratio, so it holds regardless of market direction.

balajis →BaseShake →