Duke vs SolonPad

Duke (DUKE) is 1.5× the size of SolonPad (SOLON) by market capitalisation. Over the past 30 days, DUKE is ahead by 456.5 percentage points (DUKE +383.2% against SOLON -73.3%). Their daily returns move barely together (correlation 0.11 across 43 shared trading days). DUKE has been the more volatile of the two, at 8859% annualised against SOLON's 454%.

Correlation: 0.11
Size ratio: 1.5×
Ahead over 30 days: DUKE

DukeDUKE

$5.165e-5

24h: +0.26%
Market cap: $51,655
Volume 24h: $138
Volatility (ann.): 8859%

SolonPadSOLON

$3.651e-5

24h: +0.18%
Market cap: $33,987
Volume 24h: $1,315
Volatility (ann.): 454%

DUKE 60.3%Share of the two combined market caps39.7% SOLON

Performance

DUKESOLON

7 days-3.80%-16.48%DUKE
30 days+383.16%-73.32%DUKE

Correlation

0.11over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	DUKE	SOLON
Max drawdown (400d)	-97.7%	-77.8%
Risk-adjusted return (90d)	0.00	-0.13

Relative strength over 90 days: DUKE outperformed SOLON by 101.2% — measured on the DUKE/SOLON ratio, so it holds regardless of market direction.

Duke →SolonPad →