Real-Time Data by Masa vs Chutes

Chutes (SN64) is 35.3× the size of Real-Time Data by Masa (SN42) by market capitalisation. Over the past 30 days, SN42 is ahead by 11.2 percentage points (SN42 +4.3% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.90 across 23 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN42's 105%.

Correlation: 0.90
Size ratio: 1 : 35.3
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%

ChutesSN64

$15.3300

24h: +1.65%
Market cap: $97.02M
Volume 24h: $351,621
Volatility (ann.): 141%

SN42 2.8%Share of the two combined market caps97.2% SN64

Performance

SN42SN64

7 days-16.46%-11.80%SN64
30 days+4.32%-6.90%SN42

Correlation

0.90over 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	SN64
Max drawdown (400d)	-20.0%	-32.6%
Risk-adjusted return (90d)	0.04	0.00

Relative strength over 90 days: SN64 outperformed SN42 by 12.2% — measured on the SN42/SN64 ratio, so it holds regardless of market direction.

Real-Time Data by Masa →Chutes →