Ledger Realms vs AINFT

AINFT (NFT) is 1524.8× the size of Ledger Realms (LR) by market capitalisation. Over the past 30 days, LR is ahead by 12.7 percentage points (LR +11.4% against NFT -1.3%). Their daily returns move barely together (correlation 0.02 across 23 shared trading days). LR has been the more volatile of the two, at 251% annualised against NFT's 36%.

Correlation: 0.02
Size ratio: 1 : 1524.8
Ahead over 30 days: LR

Ledger RealmsLR

$0.000184

24h: +7.53%
Market cap: $145,637
Volume 24h: $885
Volatility (ann.): 251%

AINFTNFT

$2.243e-7

24h: -1.30%
Market cap: $222.07M
Volume 24h: $15.83M
Volatility (ann.): 36%

LR 0.1%Share of the two combined market caps99.9% NFT

Performance

LRNFT

7 days+3.82%-3.23%LR
30 days+11.42%-1.32%LR

Correlation

0.02over 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	LR	NFT
Max drawdown (400d)	-30.2%	-18.9%
Risk-adjusted return (90d)	0.09	-0.53

Relative strength over 90 days: LR outperformed NFT by 1.6% — measured on the LR/NFT ratio, so it holds regardless of market direction.

Ledger Realms →AINFT →