Neza vs affine

affine (SN120) is 187.2× the size of Neza (SN99) by market capitalisation. Over the past 30 days, SN120 is ahead by 46.7 percentage points (SN99 -61.9% against SN120 -15.2%). Their daily returns move loosely together (correlation 0.42 across 21 shared trading days). SN99 has been the more volatile of the two, at 151% annualised against SN120's 117%.

Correlation: 0.42
Size ratio: 1 : 187.2
Ahead over 30 days: SN120

NezaSN99

$0.260531

24h: +2.08%
Market cap: $240,007
Volume 24h: $22,650
Volatility (ann.): 151%

affineSN120

$10.0900

24h: +4.52%
Market cap: $44.93M
Volume 24h: $220,089
Volatility (ann.): 117%

SN99 0.5%Share of the two combined market caps99.5% SN120

Performance

SN99SN120

7 days-42.18%-6.33%SN120
30 days-61.92%-15.18%SN120

Correlation

0.42over 21 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	SN99	SN120
Max drawdown (400d)	-63.6%	-37.7%
Risk-adjusted return (90d)	-0.41	-0.13

Relative strength over 90 days: SN120 outperformed SN99 by 57.7% — measured on the SN99/SN120 ratio, so it holds regardless of market direction.

Neza →affine →