Belong vs AINFT

AINFT (NFT) is 6907.5× the size of Belong (LONG) by market capitalisation. Over the past 30 days, NFT is ahead by 13.0 percentage points (LONG -13.4% against NFT -0.4%). Their daily returns move barely together (correlation 0.04 across 29 shared trading days). LONG has been the more volatile of the two, at 1055% annualised against NFT's 36%.

Correlation: 0.04
Size ratio: 1 : 6907.5
Ahead over 30 days: NFT

BelongLONG

$0.000464

24h: -2.89%
Market cap: $32,906
Volume 24h: $995
Volatility (ann.): 1055%

AINFTNFT

$2.297e-7

24h: +1.06%
Market cap: $227.30M
Volume 24h: $23.18M
Volatility (ann.): 36%

LONG 0.0%Share of the two combined market caps100.0% NFT

Performance

LONGNFT

7 days-28.22%-2.43%NFT
30 days-13.41%-0.41%NFT

Correlation

0.04over 29 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	LONG	NFT
Max drawdown (400d)	-79.7%	-18.9%
Risk-adjusted return (90d)	-0.02	-0.51

Relative strength over 90 days: NFT outperformed LONG by 14.9% — measured on the LONG/NFT ratio, so it holds regardless of market direction.

Belong →AINFT →