Coldint vs EfficientFrontier

EfficientFrontier (SN53) is 12.2× the size of Coldint (SN29) by market capitalisation. Over the past 30 days, SN29 is ahead by 5.7 percentage points (SN29 +28.4% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.39 across 27 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN29's 137%.

Correlation: 0.39
Size ratio: 1 : 12.2
Ahead over 30 days: SN29

ColdintSN29

$0.562484

24h: +0.23%
Market cap: $3.22M
Volume 24h: $317
Volatility (ann.): 137%

EfficientFrontierSN53

$6.7200

24h: -3.39%
Market cap: $39.25M
Volume 24h: $1.89M
Volatility (ann.): 200%

SN29 7.6%Share of the two combined market caps92.4% SN53

Performance

SN29SN53

7 days-1.27%-14.51%SN29
30 days+28.40%+22.72%SN29

Correlation

0.39over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	SN29	SN53
Max drawdown (400d)	-28.9%	-40.6%
Risk-adjusted return (90d)	0.21	0.09

Relative strength over 90 days: SN53 outperformed SN29 by 1.4% — measured on the SN29/SN53 ratio, so it holds regardless of market direction.

Coldint →EfficientFrontier →