Bitsota vs EfficientFrontier

EfficientFrontier (SN53) is 23.2× the size of Bitsota (SN94) by market capitalisation. Over the past 30 days, SN94 is ahead by 27.0 percentage points (SN94 +49.7% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.39 across 26 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN94's 170%.

Correlation: 0.39
Size ratio: 1 : 23.2
Ahead over 30 days: SN94

BitsotaSN94

$0.942095

24h: +7.62%
Market cap: $1.74M
Volume 24h: $199,230
Volatility (ann.): 170%

EfficientFrontierSN53

$6.8800

24h: -2.34%
Market cap: $40.24M
Volume 24h: $2.28M
Volatility (ann.): 200%

SN94 4.1%Share of the two combined market caps95.9% SN53

Performance

SN94SN53

7 days+27.35%-14.51%SN94
30 days+49.71%+22.72%SN94

Correlation

0.39over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	SN94	SN53
Max drawdown (400d)	-21.3%	-40.6%
Risk-adjusted return (90d)	0.29	0.09

Relative strength over 90 days: SN53 outperformed SN94 by 1.9% — measured on the SN94/SN53 ratio, so it holds regardless of market direction.

Bitsota →EfficientFrontier →