Javsphere vs Lighter

Lighter (LIT) is 11469.3× the size of Javsphere (JAV) by market capitalisation. Over the past 30 days, JAV is ahead by 11.3 percentage points (JAV -5.7% against LIT -16.9%). Their daily returns move barely together (correlation 0.15 across 35 shared trading days). LIT has been the more volatile of the two, at 118% annualised against JAV's 60%.

Correlation: 0.15
Size ratio: 1 : 11469.3
Ahead over 30 days: JAV

JavsphereJAV

$0.000248

24h: +5.19%
Market cap: $73,653
Volume 24h: $138
Volatility (ann.): 60%

LighterLIT

$0.743000

24h: -1.51%
Market cap: $844.75M
Volume 24h: $112.24M
Volatility (ann.): 118%

JAV 0.0%Share of the two combined market caps100.0% LIT

Performance

JAVLIT

7 days+5.38%+13.99%LIT
30 days-5.65%-16.92%JAV

Correlation

0.15over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	JAV	LIT
Max drawdown (400d)	-22.7%	-42.9%
Risk-adjusted return (90d)	-0.12	-0.26

Relative strength over 90 days: JAV outperformed LIT by 6.0% — measured on the JAV/LIT ratio, so it holds regardless of market direction.

Javsphere →Lighter →