BitMind vs lium

lium (SN51) is 8.7× the size of BitMind (SN34) by market capitalisation. Over the past 30 days, SN34 is ahead by 7.6 percentage points (SN34 +23.7% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.92 across 24 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN34's 104%.

Correlation: 0.92
Size ratio: 1 : 8.7
Ahead over 30 days: SN34

BitMindSN34

$2.7300

24h: +0.02%
Market cap: $15.51M
Volume 24h: $49,288
Volatility (ann.): 104%

liumSN51

$26.6600

24h: +5.11%
Market cap: $135.09M
Volume 24h: $4.52M
Volatility (ann.): 140%

SN34 10.3%Share of the two combined market caps89.7% SN51

Performance

SN34SN51

7 days+3.15%-13.99%SN34
30 days+23.71%+16.13%SN34

Correlation

0.92over 24 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	SN34	SN51
Max drawdown (400d)	-19.5%	-19.1%
Risk-adjusted return (90d)	0.23	0.59

Relative strength over 90 days: SN51 outperformed SN34 by 12.8% — measured on the SN34/SN51 ratio, so it holds regardless of market direction.

BitMind →lium →