THOR vs Chutes

Chutes (SN64) is 18.4× the size of THOR (SN112) by market capitalisation. Over the past 30 days, SN112 is ahead by 149.8 percentage points (SN112 +142.9% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.93 across 23 shared trading days). SN112 has been the more volatile of the two, at 240% annualised against SN64's 141%.

Correlation: 0.93
Size ratio: 1 : 18.4
Ahead over 30 days: SN112

THORSN112

$1.8700

24h: +4.02%
Market cap: $5.29M
Volume 24h: $260,718
Volatility (ann.): 240%

ChutesSN64

$15.4100

24h: +3.84%
Market cap: $97.50M
Volume 24h: $212,104
Volatility (ann.): 141%

SN112 5.1%Share of the two combined market caps94.9% SN64

Performance

SN112SN64

7 days-9.31%-11.80%SN112
30 days+142.87%-6.90%SN112

Correlation

0.93over 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	SN112	SN64
Max drawdown (400d)	-24.1%	-32.6%
Risk-adjusted return (90d)	0.60	0.00

Relative strength over 90 days: SN112 outperformed SN64 by 117.7% — measured on the SN112/SN64 ratio, so it holds regardless of market direction.

THOR →Chutes →