Solana (SOL) is 30178.3× the size of LeisureMeta (LM) by market capitalisation. Over the past 1 year, SOL is ahead by 35.4 percentage points (LM -73.7% against SOL -38.3%). Their daily returns move loosely together (correlation 0.38 across 365 shared trading days). LM has been the more volatile of the two, at 120% annualised against SOL's 65%.
LMSOL
0.38over 365 shared trading days
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.
| Metric | LM | SOL |
|---|---|---|
| Max drawdown (400d) | -82.8% | -73.5% |
| Risk-adjusted return (90d) | -0.05 | 0.54 |
| Best 30 days (past year) | — | +47.8% |
| Worst 30 days (past year) | — | -46.1% |
Relative strength over 90 days: SOL outperformed LM by 20.4% — measured on the LM/SOL ratio, so it holds regardless of market direction.