Oneoneone vs Chutes

Chutes (SN64) is 24.2× the size of Oneoneone (SN111) by market capitalisation. Over the past 30 days, SN64 is ahead by 9.1 percentage points (SN111 -16.0% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.85 across 23 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN111's 117%.

Correlation: 0.85
Size ratio: 1 : 24.2
Ahead over 30 days: SN64

OneoneoneSN111

$0.913914

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

ChutesSN64

$15.3800

24h: +1.59%
Market cap: $97.32M
Volume 24h: $359,086
Volatility (ann.): 141%

SN111 4.0%Share of the two combined market caps96.0% SN64

Performance

SN111SN64

7 days-3.52%-11.80%SN111
30 days-15.95%-6.90%SN64

Correlation

0.85over 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	SN64
Max drawdown (400d)	-35.1%	-32.6%
Risk-adjusted return (90d)	-0.14	0.00

Relative strength over 90 days: SN64 outperformed SN111 by 29.8% — measured on the SN111/SN64 ratio, so it holds regardless of market direction.

Oneoneone →Chutes →