grail vs affine

affine (SN120) is 8.3× the size of grail (SN81) by market capitalisation. Over the past 30 days, SN81 is ahead by 23.4 percentage points (SN81 +3.7% against SN120 -19.7%). Their daily returns move closely together (correlation 0.73 across 26 shared trading days). SN81 has been the more volatile of the two, at 141% annualised against SN120's 118%.

Correlation: 0.73
Size ratio: 1 : 8.3
Ahead over 30 days: SN81

grailSN81

$1.0870

24h: -0.48%
Market cap: $5.25M
Volume 24h: $41,638
Volatility (ann.): 141%

affineSN120

$9.7500

24h: +5.44%
Market cap: $43.37M
Volume 24h: $675,211
Volatility (ann.): 118%

SN81 10.8%Share of the two combined market caps89.2% SN120

Performance

SN81SN120

7 days-14.87%-13.26%SN120
30 days+3.75%-19.70%SN81

Correlation

0.73over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7390d: 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	SN81	SN120
Max drawdown (400d)	-26.0%	-37.7%
Risk-adjusted return (90d)	0.03	-0.16

Relative strength over 90 days: SN120 outperformed SN81 by 13.1% — measured on the SN81/SN120 ratio, so it holds regardless of market direction.

grail →affine →