EfficientFrontier vs affine

affine (SN120) is 1.1× the size of EfficientFrontier (SN53) by market capitalisation. Over the past 30 days, SN53 is ahead by 18.5 percentage points (SN53 +3.3% against SN120 -15.2%). Their daily returns move loosely together (correlation 0.58 across 51 shared trading days). SN53 has been the more volatile of the two, at 198% annualised against SN120's 117%.

Correlation: 0.58
Size ratio: 1 : 1.1
Ahead over 30 days: SN53

EfficientFrontierSN53

$6.7300

24h: -2.82%
Market cap: $39.34M
Volume 24h: $3.30M
Volatility (ann.): 198%

affineSN120

$10.1500

24h: +9.15%
Market cap: $45.23M
Volume 24h: $222,757
Volatility (ann.): 117%

SN53 46.5%Share of the two combined market caps53.5% SN120

Performance

SN53SN120

7 days-20.65%-6.33%SN120
30 days+3.32%-15.18%SN53

Correlation

0.58over 51 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	SN53	SN120
Max drawdown (400d)	-41.8%	-37.7%
Risk-adjusted return (90d)	0.06	-0.13

Relative strength over 90 days: SN53 outperformed SN120 by 37.3% — measured on the SN53/SN120 ratio, so it holds regardless of market direction.

EfficientFrontier →affine →