nuco.cloud vs Aethir

Aethir (ATH) is 504.8× the size of nuco.cloud (NCDT) by market capitalisation. Over the past 30 days, ATH is ahead by 54.2 percentage points (NCDT -40.0% against ATH +14.2%). Their daily returns move barely together (correlation 0.31 across 22 shared trading days). ATH has been the more volatile of the two, at 149% annualised against NCDT's 65%.

Correlation: 0.31
Size ratio: 1 : 504.8
Ahead over 30 days: ATH

nuco.cloudNCDT

$0.004336

24h: +5.07%
Market cap: $210,128
Volume 24h: $731
Volatility (ann.): 65%

AethirATH

$0.005272

24h: +7.07%
Market cap: $106.08M
Volume 24h: $14.68M
Volatility (ann.): 149%

NCDT 0.2%Share of the two combined market caps99.8% ATH

Performance

NCDTATH

7 days-4.59%-9.24%NCDT
30 days-39.97%+14.20%ATH

Correlation

0.31over 22 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	NCDT	ATH
Max drawdown (400d)	-40.0%	-22.7%
Risk-adjusted return (90d)	-0.59	0.30

Relative strength over 90 days: ATH outperformed NCDT by 4.0% — measured on the NCDT/ATH ratio, so it holds regardless of market direction.

nuco.cloud →Aethir →