Dojo vs lium

lium (SN51) is 20.1× the size of Dojo (SN52) by market capitalisation. Over the past 30 days, SN52 is ahead by 1.1 percentage points (SN52 +17.2% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.93 across 24 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN52's 104%.

Correlation: 0.93
Size ratio: 1 : 20.1
Ahead over 30 days: SN52

DojoSN52

$1.3500

24h: +0.04%
Market cap: $6.72M
Volume 24h: $1,022
Volatility (ann.): 104%

liumSN51

$26.6600

24h: +5.51%
Market cap: $135.07M
Volume 24h: $4.50M
Volatility (ann.): 140%

SN52 4.7%Share of the two combined market caps95.3% SN51

Performance

SN52SN51

7 days+1.10%-13.99%SN52
30 days+17.20%+16.13%SN52

Correlation

0.93over 24 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	SN52	SN51
Max drawdown (400d)	-20.1%	-19.1%
Risk-adjusted return (90d)	0.17	0.59

Relative strength over 90 days: SN51 outperformed SN52 by 17.4% — measured on the SN52/SN51 ratio, so it holds regardless of market direction.

Dojo →lium →