EigenCloud (prev. EigenLayer) (EIGEN) is 5786.8× the size of QudeAI Framework (QUDE) by market capitalisation. Their daily returns move loosely together (correlation 0.52 across 29 shared trading days). EIGEN has been the more volatile of the two, at 108% annualised against QUDE's 45%.
$0.170900
QUDEEIGEN
0.52over 29 shared trading days
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.
| Metric | QUDE | EIGEN |
|---|---|---|
| Max drawdown (400d) | -23.4% | -92.3% |
| Risk-adjusted return (90d) | -0.44 | -0.04 |
| Best 30 days (past year) | — | +46.0% |
| Worst 30 days (past year) | — | -55.2% |
Relative strength over 90 days: QUDE outperformed EIGEN by 7.2% — measured on the QUDE/EIGEN ratio, so it holds regardless of market direction.