Neos Credits vs Somnium Space CUBEs

Somnium Space CUBEs (CUBE) is 2.2× the size of Neos Credits (NCR) by market capitalisation. Over the past 30 days, NCR is ahead by 21.6 percentage points (NCR -1.2% against CUBE -22.8%). Their daily returns move loosely together (correlation 0.36 across 30 shared trading days). CUBE has been the more volatile of the two, at 112% annualised against NCR's 9%.

Correlation: 0.36
Size ratio: 1 : 2.2
Ahead over 30 days: NCR

Neos CreditsNCR

$0.027848

24h: +0.14%
Market cap: $1.13M
Volume 24h: $74
Volatility (ann.): 9%

Somnium Space CUBEsCUBE

$0.064169

24h: —
Market cap: $2.44M
Volume 24h: $659
Volatility (ann.): 112%

NCR 31.7%Share of the two combined market caps68.3% CUBE

Performance

NCRCUBE

7 days-0.18%-12.50%NCR
30 days-1.16%-22.81%NCR

Correlation

0.36over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	NCR	CUBE
Max drawdown (400d)	-2.5%	-28.2%
Risk-adjusted return (90d)	-0.22	-0.25

Relative strength over 90 days: NCR outperformed CUBE by 27.0% — measured on the NCR/CUBE ratio, so it holds regardless of market direction.

Neos Credits →Somnium Space CUBEs →