Instant Inference vs EfficientFrontier

EfficientFrontier (SN53) is 10.7× the size of Instant Inference (SN46) by market capitalisation. Over the past 30 days, SN46 is ahead by 3.4 percentage points (SN46 +26.1% against SN53 +22.7%). Their daily returns move barely together (correlation 0.29 across 27 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN46's 142%.

Correlation: 0.29
Size ratio: 1 : 10.7
Ahead over 30 days: SN46

Instant InferenceSN46

$0.729312

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

EfficientFrontierSN53

$6.7300

24h: -2.51%
Market cap: $39.33M
Volume 24h: $1.70M
Volatility (ann.): 200%

SN46 8.5%Share of the two combined market caps91.5% SN53

Performance

SN46SN53

7 days-3.78%-14.51%SN46
30 days+26.09%+22.72%SN46

Correlation

0.29over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	SN53
Max drawdown (400d)	-18.1%	-40.6%
Risk-adjusted return (90d)	0.18	0.09

Relative strength over 90 days: SN53 outperformed SN46 by 4.6% — measured on the SN46/SN53 ratio, so it holds regardless of market direction.

Instant Inference →EfficientFrontier →