BitAgent - Rizzo vs lium

lium (SN51) is 56.5× the size of BitAgent - Rizzo (SN20) by market capitalisation. Over the past 30 days, SN51 is ahead by 7.4 percentage points (SN20 +8.8% against SN51 +16.1%). Their daily returns move closely together (correlation 0.81 across 23 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN20's 112%.

Correlation: 0.81
Size ratio: 1 : 56.5
Ahead over 30 days: SN51

BitAgent - RizzoSN20

$0.512520

24h: +0.08%
Market cap: $2.47M
Volume 24h: $8,865
Volatility (ann.): 112%

liumSN51

$27.5600

24h: +5.18%
Market cap: $139.62M
Volume 24h: $3.32M
Volatility (ann.): 140%

SN20 1.7%Share of the two combined market caps98.3% SN51

Performance

SN20SN51

7 days-10.48%-13.99%SN20
30 days+8.78%+16.13%SN51

Correlation

0.81over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SN20	SN51
Max drawdown (400d)	-22.5%	-19.1%
Risk-adjusted return (90d)	0.08	0.59

Relative strength over 90 days: SN51 outperformed SN20 by 24.8% — measured on the SN20/SN51 ratio, so it holds regardless of market direction.

BitAgent - Rizzo →lium →