enfineo vs Ethereum
Ethereum (ETH) is 852514.3× the size of enfineo (ENF) by market capitalisation. Over the past 1 year, ETH is ahead by 44.4 percentage points (ENF -77.5% against ETH -33.1%). Their daily returns move barely together (correlation 0.06 across 399 shared trading days). ENF has been the more volatile of the two, at 134% annualised against ETH's 63%.
Performance
| Period | ENF | ETH | Ahead |
|---|---|---|---|
| 7 days | -2.65% | +1.64% | ETH |
| 30 days | +7.15% | +10.06% | ETH |
| 90 days | +27.01% | +66.68% | ETH |
| 1 year | -77.46% | -33.09% | ETH |
Risk & extremes
| Metric | ENF | ETH |
|---|---|---|
| Max drawdown (400d) | -94.8% | -66.7% |
| Risk-adjusted return (90d) | 0.19 | 1.20 |
| Best 30 days (past year) | +94.6% | +34.1% |
| Worst 30 days (past year) | -58.9% | -44.6% |
Relative strength over 90 days: ETH outperformed ENF by 23.0% — measured on the ENF/ETH ratio, so it holds regardless of market direction.
Correlation
0.06over 399 shared trading days
7d: insufficient data30d: -0.2490d: -0.011y: 0.08
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.