Blockasset vs Shuffle

Shuffle (SHFL) is 623.7× the size of Blockasset (BLOCK) by market capitalisation. Over the past 30 days, SHFL is ahead by 31.3 percentage points (BLOCK -9.2% against SHFL +22.1%). Their daily returns move barely in opposite directions (correlation -0.17 across 23 shared trading days). SHFL has been the more volatile of the two, at 171% annualised against BLOCK's 30%.

Correlation: -0.17
Size ratio: 1 : 623.7
Ahead over 30 days: SHFL

BlockassetBLOCK

$0.000925

24h: -0.50%
Market cap: $288,370
Volume 24h: $173
Volatility (ann.): 30%

ShuffleSHFL

$0.358804

24h: -1.58%
Market cap: $179.86M
Volume 24h: $789,923
Volatility (ann.): 171%

BLOCK 0.2%Share of the two combined market caps99.8% SHFL

Performance

BLOCKSHFL

7 days-4.19%-21.31%BLOCK
30 days-9.18%+22.13%SHFL

Correlation

-0.17over 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	BLOCK	SHFL
Max drawdown (400d)	-11.3%	-41.4%
Risk-adjusted return (90d)	-0.30	0.18

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

Blockasset →Shuffle →