Dippy vs affine

affine (SN120) is 6.0× the size of Dippy (SN11) by market capitalisation. Over the past 30 days, SN11 is ahead by 44.7 percentage points (SN11 +25.0% against SN120 -19.7%). Their daily returns move closely together (correlation 0.69 across 26 shared trading days). Both have run at a similar volatility, around 126% annualised.

Correlation: 0.69
Size ratio: 1 : 6.0
Ahead over 30 days: SN11

DippySN11

$1.4000

24h: -1.52%
Market cap: $7.18M
Volume 24h: $171,633
Volatility (ann.): 134%

affineSN120

$9.7400

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

SN11 14.2%Share of the two combined market caps85.8% SN120

Performance

SN11SN120

7 days-3.69%-13.26%SN11
30 days+25.00%-19.70%SN11

Correlation

0.69over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6990d: 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	SN11	SN120
Max drawdown (400d)	-23.1%	-37.7%
Risk-adjusted return (90d)	0.19	-0.16

Relative strength over 90 days: SN11 outperformed SN120 by 4.7% — measured on the SN11/SN120 ratio, so it holds regardless of market direction.

Dippy →affine →