ForeverMoney vs lium

lium (SN51) is 69.9× the size of ForeverMoney (SN98) by market capitalisation. Over the past 30 days, SN51 is ahead by 21.0 percentage points (SN98 -4.8% against SN51 +16.1%). Their daily returns move closely together (correlation 0.76 across 23 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN98's 121%.

Correlation: 0.76
Size ratio: 1 : 69.9
Ahead over 30 days: SN51

ForeverMoneySN98

$0.490073

24h: +2.05%
Market cap: $1.92M
Volume 24h: $26,546
Volatility (ann.): 121%

liumSN51

$26.5300

24h: +0.75%
Market cap: $134.43M
Volume 24h: $3.35M
Volatility (ann.): 140%

SN98 1.4%Share of the two combined market caps98.6% SN51

Performance

SN98SN51

7 days-15.42%-13.99%SN51
30 days-4.82%+16.13%SN51

Correlation

0.76over 23 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	SN98	SN51
Max drawdown (400d)	-24.9%	-19.1%
Risk-adjusted return (90d)	-0.04	0.59

Relative strength over 90 days: SN51 outperformed SN98 by 33.1% — measured on the SN98/SN51 ratio, so it holds regardless of market direction.

ForeverMoney →lium →