Lynex vs Aerodrome Finance

Aerodrome Finance (AERO) is 3932.7× the size of Lynex (LYNX) by market capitalisation. Over the past 90 days, AERO is ahead by 22.1 percentage points (LYNX +22.5% against AERO +44.6%). Their daily returns move loosely together (correlation 0.45 across 75 shared trading days). AERO has been the more volatile of the two, at 101% annualised against LYNX's 52%.

Correlation: 0.45
Size ratio: 1 : 3932.7
Ahead over 90 days: AERO

LynexLYNX

$0.000470

24h: +3.84%
Market cap: $53,300
Volume 24h: $567
Volatility (ann.): 52%

Aerodrome FinanceAERO

$0.603500

24h: -6.87%
Market cap: $209.61M
Volume 24h: $31.83M
Volatility (ann.): 101%

LYNX 0.0%Share of the two combined market caps100.0% AERO

Performance

LYNXAERO

7 days-3.31%-9.63%LYNX
30 days+0.80%-25.37%LYNX
90 days+22.50%+44.60%AERO

Correlation

0.45over 75 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 0.451y: 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	LYNX	AERO
Max drawdown (400d)	-56.0%	-36.4%
Risk-adjusted return (90d)	0.44	0.42

Relative strength over 90 days: AERO outperformed LYNX by 29.1% — measured on the LYNX/AERO ratio, so it holds regardless of market direction.

Lynex →Aerodrome Finance →