CheckerChain vs Chutes

Chutes (SN64) is 82.7× the size of CheckerChain (SN87) by market capitalisation. Over the past 30 days, SN87 is ahead by 71.6 percentage points (SN87 +64.7% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.94 across 22 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN87's 113%.

Correlation: 0.94
Size ratio: 1 : 82.7
Ahead over 30 days: SN87

CheckerChainSN87

$0.714620

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

ChutesSN64

$15.3500

24h: +3.74%
Market cap: $97.16M
Volume 24h: $213,953
Volatility (ann.): 141%

SN87 1.2%Share of the two combined market caps98.8% SN64

Performance

SN87SN64

7 days+17.07%-11.80%SN87
30 days+64.68%-6.90%SN87

Correlation

0.94over 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	SN64
Max drawdown (400d)	-14.1%	-32.6%
Risk-adjusted return (90d)	0.57	0.00

Relative strength over 90 days: SN87 outperformed SN64 by 32.0% — measured on the SN87/SN64 ratio, so it holds regardless of market direction.

CheckerChain →Chutes →