CheckerChain vs lium

lium (SN51) is 114.3× the size of CheckerChain (SN87) by market capitalisation. Over the past 30 days, SN87 is ahead by 48.5 percentage points (SN87 +64.7% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.89 across 22 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN87's 113%.

Correlation: 0.89
Size ratio: 1 : 114.3
Ahead over 30 days: SN87

CheckerChainSN87

$0.714620

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

liumSN51

$26.5300

24h: +5.20%
Market cap: $134.41M
Volume 24h: $4.46M
Volatility (ann.): 140%

SN87 0.9%Share of the two combined market caps99.1% SN51

Performance

SN87SN51

7 days+17.07%-13.99%SN87
30 days+64.68%+16.13%SN87

Correlation

0.89over 22 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	SN51
Max drawdown (400d)	-14.1%	-19.1%
Risk-adjusted return (90d)	0.57	0.59

Relative strength over 90 days: SN87 outperformed SN51 by 12.4% — measured on the SN87/SN51 ratio, so it holds regardless of market direction.

CheckerChain →lium →