Cognify vs Chutes

Chutes (SN64) is 78.9× the size of Cognify (SN115) by market capitalisation. Over the past 30 days, SN115 is ahead by 27.4 percentage points (SN115 +20.5% 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 SN115's 114%.

Correlation: 0.94
Size ratio: 1 : 78.9
Ahead over 30 days: SN115

CognifySN115

$0.529368

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

ChutesSN64

$15.3300

24h: +1.65%
Market cap: $97.02M
Volume 24h: $351,621
Volatility (ann.): 141%

SN115 1.3%Share of the two combined market caps98.7% SN64

Performance

SN115SN64

7 days-1.67%-11.80%SN115
30 days+20.53%-6.90%SN115

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	SN115	SN64
Max drawdown (400d)	-29.5%	-32.6%
Risk-adjusted return (90d)	0.18	0.00

Relative strength over 90 days: SN64 outperformed SN115 by 3.6% — measured on the SN115/SN64 ratio, so it holds regardless of market direction.

Cognify →Chutes →