Green vs SunContract

SunContract (SNC) is 2.1× the size of Green (GREEN) by market capitalisation. Over the past 30 days, SNC is ahead by 54.8 percentage points (GREEN -59.9% against SNC -5.1%). Their daily returns move loosely together (correlation 0.39 across 31 shared trading days). SNC has been the more volatile of the two, at 2017241% annualised against GREEN's 177%.

Correlation: 0.39
Size ratio: 1 : 2.1
Ahead over 30 days: SNC

GreenGREEN

$2.488e-5

24h: +0.39%
Market cap: $1.24M
Volume 24h: $1,045
Volatility (ann.): 177%

SunContractSNC

$0.021709

24h: +0.04%
Market cap: $2.66M
Volume 24h: $22,147
Volatility (ann.): 2017241%

GREEN 31.8%Share of the two combined market caps68.2% SNC

Performance

GREENSNC

7 days+0.98%-2.36%GREEN
30 days-59.86%-5.07%SNC

Correlation

0.39over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	GREEN	SNC
Max drawdown (400d)	-65.4%	-100.0%
Risk-adjusted return (90d)	-0.34	0.00

Relative strength over 90 days: SNC outperformed GREEN by 58.0% — measured on the GREEN/SNC ratio, so it holds regardless of market direction.

Green →SunContract →