Prospective vs AINFT

AINFT (NFT) is 10.0× the size of Prospective (PROS) by market capitalisation. Over the past 30 days, NFT is ahead by 5.4 percentage points (PROS -3.4% against NFT +2.0%). Their daily returns move barely together (correlation 0.04 across 34 shared trading days). PROS has been the more volatile of the two, at 41% annualised against NFT's 36%.

Correlation: 0.04
Size ratio: 1 : 10.0
Ahead over 30 days: NFT

ProspectivePROS

$0.023018

24h: +0.02%
Market cap: $23.02M
Volume 24h: $19,838
Volatility (ann.): 41%

AINFTNFT

$2.325e-7

24h: -0.88%
Market cap: $230.25M
Volume 24h: $17.99M
Volatility (ann.): 36%

PROS 9.1%Share of the two combined market caps90.9% NFT

Performance

PROSNFT

7 days-1.61%+0.44%NFT
30 days-3.37%+2.02%NFT

Correlation

0.04over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 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	PROS	NFT
Max drawdown (400d)	-13.8%	-17.9%
Risk-adjusted return (90d)	-0.10	-0.45

Relative strength over 90 days: PROS outperformed NFT by 2.3% — measured on the PROS/NFT ratio, so it holds regardless of market direction.

Prospective →AINFT →