Bifrost vs Sanctum

Bifrost (BFC) is 1.4× the size of Sanctum (SANC) by market capitalisation. Over the past 30 days, SANC is ahead by 41.4 percentage points (BFC -35.5% against SANC +5.9%). Their daily returns move barely together (correlation 0.04 across 39 shared trading days). BFC has been the more volatile of the two, at 719% annualised against SANC's 158%.

Correlation: 0.04
Size ratio: 1.4×
Ahead over 30 days: SANC

BifrostBFC

$0.021886

24h: -0.32%
Market cap: $30.45M
Volume 24h: $3.16M
Volatility (ann.): 719%

SanctumSANC

$0.043948

24h: +0.46%
Market cap: $21.78M
Volume 24h: $60,313
Volatility (ann.): 158%

BFC 58.3%Share of the two combined market caps41.7% SANC

Performance

BFCSANC

7 days+1.14%-10.94%BFC
30 days-35.49%+5.87%SANC

Correlation

0.04over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	BFC	SANC
Max drawdown (400d)	-47.2%	-34.4%
Risk-adjusted return (90d)	0.18	0.51

Relative strength over 90 days: BFC outperformed SANC by 12.0% — measured on the BFC/SANC ratio, so it holds regardless of market direction.

Bifrost →Sanctum →