Real-Time Data by Masa vs EfficientFrontier

EfficientFrontier (SN53) is 14.7× the size of Real-Time Data by Masa (SN42) by market capitalisation. Over the past 30 days, SN53 is ahead by 18.4 percentage points (SN42 +4.3% against SN53 +22.7%). Their daily returns move barely together (correlation 0.08 across 27 shared trading days). SN53 has been the more volatile of the two, at 200% annualised against SN42's 105%.

Correlation: 0.08
Size ratio: 1 : 14.7
Ahead over 30 days: SN53

Real-Time Data by MasaSN42

$0.514643

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

EfficientFrontierSN53

$6.9400

24h: -1.85%
Market cap: $40.51M
Volume 24h: $2.43M
Volatility (ann.): 200%

SN42 6.4%Share of the two combined market caps93.6% SN53

Performance

SN42SN53

7 days-16.46%-14.51%SN53
30 days+4.32%+22.72%SN53

Correlation

0.08over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	SN53
Max drawdown (400d)	-20.0%	-40.6%
Risk-adjusted return (90d)	0.04	0.09

Relative strength over 90 days: SN53 outperformed SN42 by 19.5% — measured on the SN42/SN53 ratio, so it holds regardless of market direction.

Real-Time Data by Masa →EfficientFrontier →