Cognify vs lium

lium (SN51) is 111.0× the size of Cognify (SN115) by market capitalisation. Over the past 30 days, SN115 is ahead by 4.4 percentage points (SN115 +20.5% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.93 across 22 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN115's 114%.

Correlation: 0.93
Size ratio: 1 : 111.0
Ahead over 30 days: SN115

CognifySN115

$0.529368

24h: +1.43%
Market cap: $1.23M
Volume 24h: $13,693
Volatility (ann.): 114%

liumSN51

$26.9400

24h: +1.74%
Market cap: $136.49M
Volume 24h: $3.40M
Volatility (ann.): 140%

SN115 0.9%Share of the two combined market caps99.1% SN51

Performance

SN115SN51

7 days-1.67%-13.99%SN115
30 days+20.53%+16.13%SN115

Correlation

0.93over 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	SN115	SN51
Max drawdown (400d)	-29.5%	-19.1%
Risk-adjusted return (90d)	0.18	0.59

Relative strength over 90 days: SN51 outperformed SN115 by 17.9% — measured on the SN115/SN51 ratio, so it holds regardless of market direction.

Cognify →lium →