Real-Time Data by Masa vs affine

affine (SN120) is 15.6× the size of Real-Time Data by Masa (SN42) by market capitalisation. Over the past 30 days, SN42 is ahead by 24.0 percentage points (SN42 +4.3% against SN120 -19.7%). Their daily returns move closely together (correlation 0.76 across 25 shared trading days). Both have run at a similar volatility, around 111% annualised.

Correlation: 0.76
Size ratio: 1 : 15.6
Ahead over 30 days: SN42

Real-Time Data by MasaSN42

$0.514643

24h: +4.54%
Market cap: $2.75M
Volume 24h: $733,049
Volatility (ann.): 105%

affineSN120

$9.6600

24h: +2.16%
Market cap: $42.97M
Volume 24h: $696,180
Volatility (ann.): 118%

SN42 6.0%Share of the two combined market caps94.0% SN120

Performance

SN42SN120

7 days-16.46%-13.26%SN120
30 days+4.32%-19.70%SN42

Correlation

0.76over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7690d: 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	SN42	SN120
Max drawdown (400d)	-20.0%	-37.7%
Risk-adjusted return (90d)	0.04	-0.16

Relative strength over 90 days: SN120 outperformed SN42 by 14.4% — measured on the SN42/SN120 ratio, so it holds regardless of market direction.

Real-Time Data by Masa →affine →