RareFriends vs AINFT

AINFT (NFT) is 1336.4× the size of RareFriends (RAREFRIENDS) by market capitalisation. Over the past 30 days, NFT is ahead by 64.5 percentage points (RAREFRIENDS -62.4% against NFT +2.0%). Their daily returns move barely together (correlation 0.20 across 22 shared trading days). RAREFRIENDS has been the more volatile of the two, at 81% annualised against NFT's 36%.

Correlation: 0.20
Size ratio: 1 : 1336.4
Ahead over 30 days: NFT

RareFriendsRAREFRIENDS

$0.000375

24h: —
Market cap: $167,885
Volume 24h: $106
Volatility (ann.): 81%

AINFTNFT

$2.267e-7

24h: -3.27%
Market cap: $224.36M
Volume 24h: $18.95M
Volatility (ann.): 36%

RAREFRIENDS 0.1%Share of the two combined market caps99.9% NFT

Performance

RAREFRIENDSNFT

7 days-10.98%+0.44%NFT
30 days-62.45%+2.02%NFT

Correlation

0.20over 22 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	RAREFRIENDS	NFT
Max drawdown (400d)	-66.4%	-17.9%
Risk-adjusted return (90d)	-0.81	-0.45

Relative strength over 90 days: NFT outperformed RAREFRIENDS by 32.1% — measured on the RAREFRIENDS/NFT ratio, so it holds regardless of market direction.

RareFriends →AINFT →