Instant Inference vs affine

affine (SN120) is 11.8× the size of Instant Inference (SN46) by market capitalisation. Over the past 30 days, SN46 is ahead by 45.8 percentage points (SN46 +26.1% against SN120 -19.7%). Their daily returns move loosely together (correlation 0.54 across 25 shared trading days). SN46 has been the more volatile of the two, at 142% annualised against SN120's 118%.

Correlation: 0.54
Size ratio: 1 : 11.8
Ahead over 30 days: SN46

Instant InferenceSN46

$0.729312

24h: +7.38%
Market cap: $3.67M
Volume 24h: $498,054
Volatility (ann.): 142%

affineSN120

$9.7000

24h: +5.09%
Market cap: $43.12M
Volume 24h: $670,284
Volatility (ann.): 118%

SN46 7.8%Share of the two combined market caps92.2% SN120

Performance

SN46SN120

7 days-3.78%-13.26%SN46
30 days+26.09%-19.70%SN46

Correlation

0.54over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	SN46	SN120
Max drawdown (400d)	-18.1%	-37.7%
Risk-adjusted return (90d)	0.18	-0.16

Relative strength over 90 days: SN46 outperformed SN120 by 1.5% — measured on the SN46/SN120 ratio, so it holds regardless of market direction.

Instant Inference →affine →