Real-Time Data by Masa vs lium

lium (SN51) is 49.6× the size of Real-Time Data by Masa (SN42) by market capitalisation. Over the past 30 days, SN51 is ahead by 11.8 percentage points (SN42 +4.3% against SN51 +16.1%). Their daily returns move very closely together (correlation 0.85 across 23 shared trading days). SN51 has been the more volatile of the two, at 140% annualised against SN42's 105%.

Correlation: 0.85
Size ratio: 1 : 49.6
Ahead over 30 days: SN51

Real-Time Data by MasaSN42

$0.514643

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

liumSN51

$26.9400

24h: +1.74%
Market cap: $136.49M
Volume 24h: $3.40M
Volatility (ann.): 140%

SN42 2.0%Share of the two combined market caps98.0% SN51

Performance

SN42SN51

7 days-16.46%-13.99%SN51
30 days+4.32%+16.13%SN51

Correlation

0.85over 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	SN42	SN51
Max drawdown (400d)	-20.0%	-19.1%
Risk-adjusted return (90d)	0.04	0.59

Relative strength over 90 days: SN51 outperformed SN42 by 26.4% — measured on the SN42/SN51 ratio, so it holds regardless of market direction.

Real-Time Data by Masa →lium →