Depinsim vs Aethir

Aethir (ATH) is 8.5× the size of Depinsim (ESIM) by market capitalisation. Their daily returns move barely together (correlation 0.07 across 44 shared trading days). ESIM has been the more volatile of the two, at 319% annualised against ATH's 149%.

Correlation: 0.07
Size ratio: 1 : 8.5

DepinsimESIM

$0.091068

24h: -0.89%
Market cap: $12.25M
Volume 24h: $1.23M
Volatility (ann.): 319%

AethirATH

$0.005180

24h: +4.02%
Market cap: $104.26M
Volume 24h: $11.43M
Volatility (ann.): 149%

ESIM 10.5%Share of the two combined market caps89.5% ATH

Performance

ESIMATH

7 days-1.68%-14.66%ESIM
30 days+230.89%+8.62%ESIM
90 days+208.15%——

Correlation

0.07over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	ESIM	ATH
Max drawdown (400d)	-68.6%	-22.7%
Risk-adjusted return (90d)	0.65	0.22

Relative strength over 90 days: ESIM outperformed ATH by 199.3% — measured on the ESIM/ATH ratio, so it holds regardless of market direction.

Depinsim →Aethir →