Desearch vs affine

affine (SN120) is 13.6× the size of Desearch (SN22) by market capitalisation. Over the past 30 days, SN22 is ahead by 39.9 percentage points (SN22 +20.2% against SN120 -19.7%). Their daily returns move closely together (correlation 0.76 across 25 shared trading days). Both have run at a similar volatility, around 111% annualised.

Correlation: 0.76
Size ratio: 1 : 13.6
Ahead over 30 days: SN22

DesearchSN22

$0.626226

24h: -1.87%
Market cap: $3.18M
Volume 24h: $21,149
Volatility (ann.): 104%

affineSN120

$9.7400

24h: +4.22%
Market cap: $43.30M
Volume 24h: $685,087
Volatility (ann.): 118%

SN22 6.8%Share of the two combined market caps93.2% SN120

Performance

SN22SN120

7 days-3.78%-13.26%SN22
30 days+20.21%-19.70%SN22

Correlation

0.76over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7690d: 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	SN22	SN120
Max drawdown (400d)	-21.1%	-37.7%
Risk-adjusted return (90d)	0.19	-0.16

Relative strength over 90 days: SN120 outperformed SN22 by 1.6% — measured on the SN22/SN120 ratio, so it holds regardless of market direction.

Desearch →affine →