NexA vs AINFT

AINFT (NFT) is 4388.6× the size of NexA (NEXA) by market capitalisation. Over the past 30 days, NFT is ahead by 7.4 percentage points (NEXA -8.8% against NFT -1.3%). Their daily returns move loosely in opposite directions (correlation -0.59 across 23 shared trading days). NEXA has been the more volatile of the two, at 54% annualised against NFT's 36%.

Correlation: -0.59
Size ratio: 1 : 4388.6
Ahead over 30 days: NFT

NexANEXA

$6.253e-7

24h: —
Market cap: $50,753
Volume 24h: $75
Volatility (ann.): 54%

AINFTNFT

$2.250e-7

24h: -0.43%
Market cap: $222.73M
Volume 24h: $17.01M
Volatility (ann.): 36%

NEXA 0.0%Share of the two combined market caps100.0% NFT

Performance

NEXANFT

7 days+3.09%-3.23%NEXA
30 days-8.76%-1.32%NFT

Correlation

-0.59over 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	NEXA	NFT
Max drawdown (400d)	-18.2%	-18.9%
Risk-adjusted return (90d)	-0.14	-0.53

Relative strength over 90 days: NEXA outperformed NFT by 1.3% — measured on the NEXA/NFT ratio, so it holds regardless of market direction.

NexA →AINFT →