HarryPotterObamaSonic10Inu (ETH) vs SPX6900

SPX6900 (SPX) is 24.9× the size of HarryPotterObamaSonic10Inu (ETH) (BITCOIN) by market capitalisation. Over the past 30 days, BITCOIN is ahead by 3.1 percentage points (BITCOIN -21.3% against SPX -24.3%). Their daily returns move loosely together (correlation 0.54 across 32 shared trading days). Both have run at a similar volatility, around 106% annualised.

Correlation: 0.54
Size ratio: 1 : 24.9
Ahead over 30 days: BITCOIN

HarryPotterObamaSonic10Inu (ETH)BITCOIN

$0.014135

24h: -2.89%
Market cap: $14.13M
Volume 24h: $426,112
Volatility (ann.): 100%

SPX6900SPX

$0.378650

24h: +4.36%
Market cap: $352.46M
Volume 24h: $7.58M
Volatility (ann.): 113%

BITCOIN 3.9%Share of the two combined market caps96.1% SPX

Performance

BITCOINSPX

7 days+1.21%-3.77%BITCOIN
30 days-21.26%-24.31%BITCOIN

Correlation

0.54over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5390d: 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	BITCOIN	SPX
Max drawdown (400d)	-27.9%	-42.9%
Risk-adjusted return (90d)	-0.16	0.14

Relative strength over 90 days: BITCOIN outperformed SPX by 18.7% — measured on the BITCOIN/SPX ratio, so it holds regardless of market direction.

HarryPotterObamaSonic10Inu (ETH) →SPX6900 →