Umi vs EfficientFrontier

EfficientFrontier (SN53) is 59.2× the size of Umi (SN78) by market capitalisation. Over the past 30 days, SN53 is ahead by 91.9 percentage points (SN78 -69.2% against SN53 +22.7%). Their daily returns move barely together (correlation 0.27 across 32 shared trading days). SN78 has been the more volatile of the two, at 284% annualised against SN53's 200%.

Correlation: 0.27
Size ratio: 1 : 59.2
Ahead over 30 days: SN53

UmiSN78

$0.423035

24h: -1.65%
Market cap: $694,241
Volume 24h: $61,566
Volatility (ann.): 284%

EfficientFrontierSN53

$7.0400

24h: -0.48%
Market cap: $41.10M
Volume 24h: $2.74M
Volatility (ann.): 200%

SN78 1.7%Share of the two combined market caps98.3% SN53

Performance

SN78SN53

7 days-59.67%-14.51%SN53
30 days-69.21%+22.72%SN53

Correlation

0.27over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	SN78	SN53
Max drawdown (400d)	-69.2%	-40.6%
Risk-adjusted return (90d)	-0.23	0.09

Relative strength over 90 days: SN53 outperformed SN78 by 64.1% — measured on the SN78/SN53 ratio, so it holds regardless of market direction.

Umi →EfficientFrontier →