Hypurr Fun vs Audiera

Audiera (BEAT) is 3.2× the size of Hypurr Fun (HFUN) by market capitalisation. Over the past 30 days, BEAT is ahead by 22.7 percentage points (HFUN -12.4% against BEAT +10.3%). Their daily returns move loosely together (correlation 0.49 across 40 shared trading days). BEAT has been the more volatile of the two, at 155% annualised against HFUN's 71%.

Correlation: 0.49
Size ratio: 1 : 3.2
Ahead over 30 days: BEAT

Hypurr FunHFUN

$11.9000

24h: -1.09%
Market cap: $11.85M
Volume 24h: $56,705
Volatility (ann.): 71%

AudieraBEAT

$0.103880

24h: -3.30%
Market cap: $37.84M
Volume 24h: $7.41M
Volatility (ann.): 155%

HFUN 23.9%Share of the two combined market caps76.1% BEAT

Performance

HFUNBEAT

7 days+1.15%+10.86%BEAT
30 days-12.44%+10.29%BEAT

Correlation

0.49over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5790d: 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	HFUN	BEAT
Max drawdown (400d)	-30.6%	-50.3%
Risk-adjusted return (90d)	-0.40	-0.14

Relative strength over 90 days: BEAT outperformed HFUN by 3.7% — measured on the HFUN/BEAT ratio, so it holds regardless of market direction.

Hypurr Fun →Audiera →