Aethir (ATH) is 17.9× the size of Destra Network (DSYNC) by market capitalisation. Their daily returns move very closely together (correlation 0.88 across 44 shared trading days). Both have run at a similar volatility, around 158% annualised.
DSYNCATH
0.88over 44 shared trading days
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.
| Metric | DSYNC | ATH |
|---|---|---|
| Max drawdown (400d) | -97.3% | -22.7% |
| Risk-adjusted return (90d) | 0.16 | 0.22 |
| Best 30 days (past year) | +180.5% | — |
| Worst 30 days (past year) | -69.2% | — |
Relative strength over 90 days: DSYNC outperformed ATH by 50.1% — measured on the DSYNC/ATH ratio, so it holds regardless of market direction.