Compute Horde vs lium

lium (SN51) is 26.7× the size of Compute Horde (SN12) by market capitalisation. Over the past 30 days, SN12 is ahead by 5.1 percentage points (SN12 +21.2% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.93 across 24 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN12's 104%.

Correlation: 0.93
Size ratio: 1 : 26.7
Ahead over 30 days: SN12

Compute HordeSN12

$1.0550

24h: -0.47%
Market cap: $5.06M
Volume 24h: $70,916
Volatility (ann.): 104%

liumSN51

$26.6400

24h: +3.20%
Market cap: $134.99M
Volume 24h: $4.25M
Volatility (ann.): 140%

SN12 3.6%Share of the two combined market caps96.4% SN51

Performance

SN12SN51

7 days+1.42%-13.99%SN12
30 days+21.19%+16.13%SN12

Correlation

0.93over 24 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	SN12	SN51
Max drawdown (400d)	-19.3%	-19.1%
Risk-adjusted return (90d)	0.20	0.59

Relative strength over 90 days: SN51 outperformed SN12 by 14.6% — measured on the SN12/SN51 ratio, so it holds regardless of market direction.

Compute Horde →lium →