InfiniteHash vs lium

lium (SN51) is 44.5× the size of InfiniteHash (SN89) by market capitalisation. Over the past 30 days, SN51 is ahead by 3.5 percentage points (SN89 +12.6% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.92 across 23 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN89's 101%.

Correlation: 0.92
Size ratio: 1 : 44.5
Ahead over 30 days: SN51

InfiniteHashSN89

$0.657659

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

liumSN51

$26.6400

24h: +0.68%
Market cap: $134.99M
Volume 24h: $3.74M
Volatility (ann.): 140%

SN89 2.2%Share of the two combined market caps97.8% SN51

Performance

SN89SN51

7 days-2.86%-13.99%SN89
30 days+12.60%+16.13%SN51

Correlation

0.92over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SN51
Max drawdown (400d)	-22.4%	-19.1%
Risk-adjusted return (90d)	0.12	0.59

Relative strength over 90 days: SN51 outperformed SN89 by 21.4% — measured on the SN89/SN51 ratio, so it holds regardless of market direction.

InfiniteHash →lium →