Homebrew Robotics vs Aethir

Aethir (ATH) is 241.8× the size of Homebrew Robotics (BREW) by market capitalisation. Over the past 30 days, ATH is ahead by 28.4 percentage points (BREW -19.8% against ATH +8.6%). Their daily returns move loosely together (correlation 0.44 across 30 shared trading days). BREW has been the more volatile of the two, at 203% annualised against ATH's 149%.

Correlation: 0.44
Size ratio: 1 : 241.8
Ahead over 30 days: ATH

Homebrew RoboticsBREW

$0.000449

24h: +0.62%
Market cap: $448,971
Volume 24h: $36
Volatility (ann.): 203%

AethirATH

$0.005393

24h: +8.49%
Market cap: $108.56M
Volume 24h: $14.56M
Volatility (ann.): 149%

BREW 0.4%Share of the two combined market caps99.6% ATH

Performance

BREWATH

7 days+6.46%-14.66%BREW
30 days-19.80%+8.62%ATH

Correlation

0.44over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 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	BREW	ATH
Max drawdown (400d)	-50.0%	-22.7%
Risk-adjusted return (90d)	-0.23	0.22

Relative strength over 90 days: ATH outperformed BREW by 48.5% — measured on the BREW/ATH ratio, so it holds regardless of market direction.

Homebrew Robotics →Aethir →