CheckerChain vs EfficientFrontier

EfficientFrontier (SN53) is 33.5× the size of CheckerChain (SN87) by market capitalisation. Over the past 30 days, SN87 is ahead by 42.0 percentage points (SN87 +64.7% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.36 across 26 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN87's 113%.

Correlation: 0.36
Size ratio: 1 : 33.5
Ahead over 30 days: SN87

CheckerChainSN87

$0.714620

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

EfficientFrontierSN53

$6.7400

24h: -2.94%
Market cap: $39.39M
Volume 24h: $1.86M
Volatility (ann.): 200%

SN87 2.9%Share of the two combined market caps97.1% SN53

Performance

SN87SN53

7 days+17.07%-14.51%SN87
30 days+64.68%+22.72%SN87

Correlation

0.36over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	SN53
Max drawdown (400d)	-14.1%	-40.6%
Risk-adjusted return (90d)	0.57	0.09

Relative strength over 90 days: SN87 outperformed SN53 by 22.6% — measured on the SN87/SN53 ratio, so it holds regardless of market direction.

CheckerChain →EfficientFrontier →