OpenKaito vs lium

lium (SN51) is 11.0× the size of OpenKaito (SN5) by market capitalisation. Over the past 30 days, SN5 is ahead by 12.0 percentage points (SN5 +28.1% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.93 across 24 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN5's 101%.

Correlation: 0.93
Size ratio: 1 : 11.0
Ahead over 30 days: SN5

OpenKaitoSN5

$2.7200

24h: -0.23%
Market cap: $12.64M
Volume 24h: $14,410
Volatility (ann.): 101%

liumSN51

$27.5600

24h: +5.18%
Market cap: $139.62M
Volume 24h: $3.32M
Volatility (ann.): 140%

SN5 8.3%Share of the two combined market caps91.7% SN51

Performance

SN5SN51

7 days+0.78%-13.99%SN5
30 days+28.15%+16.13%SN5

Correlation

0.93over 24 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	SN5	SN51
Max drawdown (400d)	-17.8%	-19.1%
Risk-adjusted return (90d)	0.28	0.59

Relative strength over 90 days: SN51 outperformed SN5 by 9.7% — measured on the SN5/SN51 ratio, so it holds regardless of market direction.

OpenKaito →lium →