ELYSIA vs Rnt

Rnt (RNT) is 5.3× the size of ELYSIA (EL) by market capitalisation. Over the past 30 days, RNT is ahead by 20.8 percentage points (EL -8.5% against RNT +12.2%). Their daily returns move loosely in opposite directions (correlation -0.42 across 37 shared trading days). EL has been the more volatile of the two, at 102% annualised against RNT's 21%.

Correlation: -0.42
Size ratio: 1 : 5.3
Ahead over 30 days: RNT

ELYSIAEL

$0.001404

24h: -2.48%
Market cap: $9.55M
Volume 24h: $597,516
Volatility (ann.): 102%

RntRNT

$0.353530

24h: +0.99%
Market cap: $50.77M
Volume 24h: $10,489
Volatility (ann.): 21%

EL 15.8%Share of the two combined market caps84.2% RNT

Performance

ELRNT

7 days-6.32%+2.29%RNT
30 days-8.55%+12.23%RNT

Correlation

-0.42over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4790d: 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	EL	RNT
Max drawdown (400d)	-23.5%	-1.3%
Risk-adjusted return (90d)	-0.02	1.07

Relative strength over 90 days: RNT outperformed EL by 17.1% — measured on the EL/RNT ratio, so it holds regardless of market direction.

ELYSIA →Rnt →