Bitrecs vs lium

lium (SN51) is 820.1× the size of Bitrecs (SN122) by market capitalisation. Over the past 30 days, SN122 is ahead by 20.0 percentage points (SN122 +41.6% against SN51 +21.6%). Their daily returns move closely together (correlation 0.64 across 21 shared trading days). Both have run at a similar volatility, around 141% annualised.

Correlation: 0.64
Size ratio: 1 : 820.1
Ahead over 30 days: SN122

BitrecsSN122

$0.623487

24h: +4.25%
Market cap: $172,115
Volume 24h: $1
Volatility (ann.): 143%

liumSN51

$27.8100

24h: +6.32%
Market cap: $141.14M
Volume 24h: $1.64M
Volatility (ann.): 139%

SN122 0.1%Share of the two combined market caps99.9% SN51

Performance

SN122SN51

7 days+19.35%-12.01%SN122
30 days+41.63%+21.60%SN122

Correlation

0.64over 21 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	SN122	SN51
Max drawdown (400d)	-23.2%	-19.1%
Risk-adjusted return (90d)	0.29	0.66

Relative strength over 90 days: SN51 outperformed SN122 by 25.5% — measured on the SN122/SN51 ratio, so it holds regardless of market direction.

Bitrecs →lium →