LADY Exchange vs Definitive

Definitive (EDGE) is 1415.0× the size of LADY Exchange (LDX) by market capitalisation. Over the past 30 days, EDGE is ahead by 1.5 percentage points (LDX -22.2% against EDGE -20.7%). Their daily returns move loosely in opposite directions (correlation -0.38 across 35 shared trading days). Both have run at a similar volatility, around 130% annualised.

Correlation: -0.38
Size ratio: 1 : 1415.0
Ahead over 30 days: EDGE

LADY ExchangeLDX

$1.838e-5

24h: -10.38%
Market cap: $18,382
Volume 24h: $82
Volatility (ann.): 132%

DefinitiveEDGE

$0.094852

24h: -12.05%
Market cap: $26.01M
Volume 24h: $8.98M
Volatility (ann.): 128%

LDX 0.1%Share of the two combined market caps99.9% EDGE

Performance

LDXEDGE

7 days-17.48%+11.38%EDGE
30 days-22.24%-20.70%EDGE

Correlation

-0.38over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3190d: 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	LDX	EDGE
Max drawdown (400d)	-35.8%	-48.4%
Risk-adjusted return (90d)	-0.27	-0.30

Relative strength over 90 days: EDGE outperformed LDX by 22.9% — measured on the LDX/EDGE ratio, so it holds regardless of market direction.

LADY Exchange →Definitive →