Dojo vs Chutes

Chutes (SN64) is 14.5× the size of Dojo (SN52) by market capitalisation. Over the past 30 days, SN52 is ahead by 24.1 percentage points (SN52 +17.2% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.96 across 24 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN52's 104%.

Correlation: 0.96
Size ratio: 1 : 14.5
Ahead over 30 days: SN52

DojoSN52

$1.3500

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

ChutesSN64

$15.4100

24h: +3.84%
Market cap: $97.50M
Volume 24h: $212,104
Volatility (ann.): 141%

SN52 6.4%Share of the two combined market caps93.6% SN64

Performance

SN52SN64

7 days+1.10%-11.80%SN52
30 days+17.20%-6.90%SN52

Correlation

0.96over 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	SN64
Max drawdown (400d)	-20.1%	-32.6%
Risk-adjusted return (90d)	0.17	0.00

Relative strength over 90 days: SN64 outperformed SN52 by 1.5% — measured on the SN52/SN64 ratio, so it holds regardless of market direction.

Dojo →Chutes →