Green Compute vs Chutes

Chutes (SN64) is 5.1× the size of Green Compute (SN110) by market capitalisation. Over the past 30 days, SN110 is ahead by 60.9 percentage points (SN110 +54.0% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.87 across 24 shared trading days). Both have run at a similar volatility, around 145% annualised.

Correlation: 0.87
Size ratio: 1 : 5.1
Ahead over 30 days: SN110

Green ComputeSN110

$5.7300

24h: +4.95%
Market cap: $18.92M
Volume 24h: $844,104
Volatility (ann.): 150%

ChutesSN64

$15.3700

24h: +2.31%
Market cap: $97.37M
Volume 24h: $348,049
Volatility (ann.): 141%

SN110 16.3%Share of the two combined market caps83.7% SN64

Performance

SN110SN64

7 days+26.65%-11.80%SN110
30 days+54.01%-6.90%SN110

Correlation

0.87over 24 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	SN110	SN64
Max drawdown (400d)	-15.5%	-32.6%
Risk-adjusted return (90d)	0.36	0.00

Relative strength over 90 days: SN110 outperformed SN64 by 29.4% — measured on the SN110/SN64 ratio, so it holds regardless of market direction.

Green Compute →Chutes →