Helium Mobile vs Aethir

Aethir (ATH) is 27.0× the size of Helium Mobile (MOBILE) by market capitalisation. Over the past 30 days, ATH is ahead by 63.4 percentage points (MOBILE -54.8% against ATH +8.6%). Their daily returns move barely together (correlation 0.25 across 29 shared trading days). MOBILE has been the more volatile of the two, at 439% annualised against ATH's 149%.

Correlation: 0.25
Size ratio: 1 : 27.0
Ahead over 30 days: ATH

Helium MobileMOBILE

$4.490e-5

24h: -5.85%
Market cap: $4.01M
Volume 24h: $1,902
Volatility (ann.): 439%

AethirATH

$0.005374

24h: +8.03%
Market cap: $108.17M
Volume 24h: $13.11M
Volatility (ann.): 149%

MOBILE 3.6%Share of the two combined market caps96.4% ATH

Performance

MOBILEATH

7 days-36.91%-14.66%ATH
30 days-54.78%+8.62%ATH

Correlation

0.25over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	MOBILE	ATH
Max drawdown (400d)	-76.3%	-22.7%
Risk-adjusted return (90d)	-0.11	0.22

Relative strength over 90 days: ATH outperformed MOBILE by 50.7% — measured on the MOBILE/ATH ratio, so it holds regardless of market direction.

Helium Mobile →Aethir →