InfiniteHash vs affine

affine (SN120) is 14.5× the size of InfiniteHash (SN89) by market capitalisation. Over the past 30 days, SN89 is ahead by 32.3 percentage points (SN89 +12.6% against SN120 -19.7%). Their daily returns move closely together (correlation 0.85 across 25 shared trading days). SN120 has been the more volatile of the two, at 118% annualised against SN89's 101%.

Correlation: 0.85
Size ratio: 1 : 14.5
Ahead over 30 days: SN89

InfiniteHashSN89

$0.657659

24h: +0.09%
Market cap: $3.03M
Volume 24h: $1,357
Volatility (ann.): 101%

affineSN120

$9.8500

24h: +3.96%
Market cap: $43.80M
Volume 24h: $708,964
Volatility (ann.): 118%

SN89 6.5%Share of the two combined market caps93.5% SN120

Performance

SN89SN120

7 days-2.86%-13.26%SN89
30 days+12.60%-19.70%SN89

Correlation

0.85over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8590d: 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	SN89	SN120
Max drawdown (400d)	-22.4%	-37.7%
Risk-adjusted return (90d)	0.12	-0.16

Relative strength over 90 days: SN120 outperformed SN89 by 8.5% — measured on the SN89/SN120 ratio, so it holds regardless of market direction.

InfiniteHash →affine →