Omron vs EfficientFrontier

EfficientFrontier (SN53) is 8.5× the size of Omron (SN2) by market capitalisation. Over the past 30 days, SN2 is ahead by 6.0 percentage points (SN2 +28.7% against SN53 +22.7%). Their daily returns move barely together (correlation 0.24 across 27 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN2's 128%.

Correlation: 0.24
Size ratio: 1 : 8.5
Ahead over 30 days: SN2

OmronSN2

$0.904636

24h: +4.70%
Market cap: $4.75M
Volume 24h: $424,321
Volatility (ann.): 128%

EfficientFrontierSN53

$6.8900

24h: -2.44%
Market cap: $40.20M
Volume 24h: $2.17M
Volatility (ann.): 200%

SN2 10.6%Share of the two combined market caps89.4% SN53

Performance

SN2SN53

7 days-2.45%-14.51%SN2
30 days+28.70%+22.72%SN2

Correlation

0.24over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	SN2	SN53
Max drawdown (400d)	-26.9%	-40.6%
Risk-adjusted return (90d)	0.22	0.09

Relative strength over 90 days: SN53 outperformed SN2 by 1.3% — measured on the SN2/SN53 ratio, so it holds regardless of market direction.

Omron →EfficientFrontier →