PolarisCloud.ai vs Chutes

Chutes (SN64) is 32.1× the size of PolarisCloud.ai (SN49) by market capitalisation. Over the past 30 days, SN49 is ahead by 35.3 percentage points (SN49 +28.4% against SN64 -6.9%). Their daily returns move loosely together (correlation 0.59 across 23 shared trading days). SN49 has been the more volatile of the two, at 223% annualised against SN64's 141%.

Correlation: 0.59
Size ratio: 1 : 32.1
Ahead over 30 days: SN49

PolarisCloud.aiSN49

$1.2800

24h: -1.94%
Market cap: $3.14M
Volume 24h: $20,142
Volatility (ann.): 223%

ChutesSN64

$15.9200

24h: +5.50%
Market cap: $100.74M
Volume 24h: $362,901
Volatility (ann.): 141%

SN49 3.0%Share of the two combined market caps97.0% SN64

Performance

SN49SN64

7 days+21.92%-11.80%SN49
30 days+28.37%-6.90%SN49

Correlation

0.59over 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	SN49	SN64
Max drawdown (400d)	-29.8%	-32.6%
Risk-adjusted return (90d)	0.13	0.00

Relative strength over 90 days: SN64 outperformed SN49 by 0.4% — measured on the SN49/SN64 ratio, so it holds regardless of market direction.

PolarisCloud.ai →Chutes →