Grass vs Aethir

Grass (GRASS) is 3.8× the size of Aethir (ATH) by market capitalisation. Over the past 30 days, GRASS is ahead by 64.0 percentage points (GRASS +78.2% against ATH +14.2%). Their daily returns move very closely together (correlation 0.86 across 56 shared trading days). GRASS has been the more volatile of the two, at 212% annualised against ATH's 149%.

Correlation: 0.86
Size ratio: 3.8×
Ahead over 30 days: GRASS

GrassGRASS

$0.563557

24h: -0.47%
Market cap: $406.87M
Volume 24h: $20.08M
Volatility (ann.): 212%

AethirATH

$0.005272

24h: +7.07%
Market cap: $106.08M
Volume 24h: $14.68M
Volatility (ann.): 149%

GRASS 79.3%Share of the two combined market caps20.7% ATH

Performance

GRASSATH

7 days-15.26%-9.24%ATH
30 days+78.19%+14.20%GRASS

Correlation

0.86over 56 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.9190d: 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	GRASS	ATH
Max drawdown (400d)	-25.3%	-22.7%
Risk-adjusted return (90d)	0.36	0.30

Relative strength over 90 days: GRASS outperformed ATH by 27.8% — measured on the GRASS/ATH ratio, so it holds regardless of market direction.

Grass →Aethir →