CheckerChain vs affine

affine (SN120) is 36.7× the size of CheckerChain (SN87) by market capitalisation. Over the past 30 days, SN87 is ahead by 84.4 percentage points (SN87 +64.7% against SN120 -19.7%). Their daily returns move very closely together (correlation 0.88 across 24 shared trading days). Both have run at a similar volatility, around 115% annualised.

Correlation: 0.88
Size ratio: 1 : 36.7
Ahead over 30 days: SN87

CheckerChainSN87

$0.714620

24h: -1.76%
Market cap: $1.18M
Volume 24h: $258,778
Volatility (ann.): 113%

affineSN120

$9.7000

24h: +4.41%
Market cap: $43.12M
Volume 24h: $674,338
Volatility (ann.): 118%

SN87 2.7%Share of the two combined market caps97.3% SN120

Performance

SN87SN120

7 days+17.07%-13.26%SN87
30 days+64.68%-19.70%SN87

Correlation

0.88over 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	SN87	SN120
Max drawdown (400d)	-14.1%	-37.7%
Risk-adjusted return (90d)	0.57	-0.16

Relative strength over 90 days: SN87 outperformed SN120 by 31.9% — measured on the SN87/SN120 ratio, so it holds regardless of market direction.

CheckerChain →affine →