FOLKS vs Aerodrome Finance

Aerodrome Finance (AERO) is 5.2× the size of FOLKS (FOLKS) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 52 shared trading days). AERO has been the more volatile of the two, at 101% annualised against FOLKS's 87%.

Correlation: 0.28
Size ratio: 1 : 5.2

FOLKSFOLKS

$2.4400

24h: +12.89%
Market cap: $43.83M
Volume 24h: $1.27M
Volatility (ann.): 87%

Aerodrome FinanceAERO

$0.621500

24h: +1.72%
Market cap: $227.68M
Volume 24h: $30.64M
Volatility (ann.): 101%

FOLKS 16.1%Share of the two combined market caps83.9% AERO

Performance

FOLKSAERO

7 days-8.20%-10.61%FOLKS
30 days+14.29%-28.90%FOLKS
90 days—+47.30%—

Correlation

0.28over 52 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	FOLKS	AERO
Max drawdown (400d)	-15.3%	-36.4%
Risk-adjusted return (90d)	0.12	0.44

Relative strength over 90 days: AERO outperformed FOLKS by 17.5% — measured on the FOLKS/AERO ratio, so it holds regardless of market direction.

FOLKS →Aerodrome Finance →