Oneoneone vs lium

lium (SN51) is 33.6× the size of Oneoneone (SN111) by market capitalisation. Over the past 30 days, SN51 is ahead by 32.1 percentage points (SN111 -16.0% against SN51 +16.1%). Their daily returns move closely together (correlation 0.83 across 23 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN111's 117%.

Correlation: 0.83
Size ratio: 1 : 33.6
Ahead over 30 days: SN51

OneoneoneSN111

$0.913914

24h: -0.17%
Market cap: $4.02M
Volume 24h: $103,894
Volatility (ann.): 117%

liumSN51

$26.6400

24h: +0.68%
Market cap: $134.99M
Volume 24h: $3.74M
Volatility (ann.): 140%

SN111 2.9%Share of the two combined market caps97.1% SN51

Performance

SN111SN51

7 days-3.52%-13.99%SN111
30 days-15.95%+16.13%SN51

Correlation

0.83over 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	SN111	SN51
Max drawdown (400d)	-35.1%	-19.1%
Risk-adjusted return (90d)	-0.14	0.59

Relative strength over 90 days: SN51 outperformed SN111 by 41.2% — measured on the SN111/SN51 ratio, so it holds regardless of market direction.

Oneoneone →lium →