BitMind vs EfficientFrontier

EfficientFrontier (SN53) is 2.5× the size of BitMind (SN34) by market capitalisation. Over the past 30 days, SN34 is ahead by 1.0 percentage points (SN34 +23.7% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.36 across 28 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN34's 104%.

Correlation: 0.36
Size ratio: 1 : 2.5
Ahead over 30 days: SN34

BitMindSN34

$2.7300

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

EfficientFrontierSN53

$6.7200

24h: -3.39%
Market cap: $39.25M
Volume 24h: $1.89M
Volatility (ann.): 200%

SN34 28.3%Share of the two combined market caps71.7% SN53

Performance

SN34SN53

7 days+3.15%-14.51%SN34
30 days+23.71%+22.72%SN34

Correlation

0.36over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	SN53
Max drawdown (400d)	-19.5%	-40.6%
Risk-adjusted return (90d)	0.23	0.09

Relative strength over 90 days: SN53 outperformed SN34 by 3.5% — measured on the SN34/SN53 ratio, so it holds regardless of market direction.

BitMind →EfficientFrontier →