Bitrecs vs EfficientFrontier

EfficientFrontier (SN53) is 227.7× the size of Bitrecs (SN122) by market capitalisation. Over the past 30 days, SN122 is ahead by 38.3 percentage points (SN122 +41.6% against SN53 +3.3%). Their daily returns move barely together (correlation 0.14 across 25 shared trading days). SN53 has been the more volatile of the two, at 198% annualised against SN122's 143%.

Correlation: 0.14
Size ratio: 1 : 227.7
Ahead over 30 days: SN122

BitrecsSN122

$0.623487

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

EfficientFrontierSN53

$6.7000

24h: -0.04%
Market cap: $39.19M
Volume 24h: $2.89M
Volatility (ann.): 198%

SN122 0.4%Share of the two combined market caps99.6% SN53

Performance

SN122SN53

7 days+19.35%-20.65%SN122
30 days+41.63%+3.32%SN122

Correlation

0.14over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	SN53
Max drawdown (400d)	-23.2%	-41.8%
Risk-adjusted return (90d)	0.29	0.06

Relative strength over 90 days: SN53 outperformed SN122 by 24.6% — measured on the SN122/SN53 ratio, so it holds regardless of market direction.

Bitrecs →EfficientFrontier →