Riser vs Neos Credits

Neos Credits (NCR) is 1.9× the size of Riser (RIS) by market capitalisation. Over the past 30 days, NCR is ahead by 5.4 percentage points (RIS -6.6% against NCR -1.2%). Their daily returns move loosely together (correlation 0.48 across 30 shared trading days). RIS has been the more volatile of the two, at 48% annualised against NCR's 9%.

Correlation: 0.48
Size ratio: 1 : 1.9
Ahead over 30 days: NCR

RiserRIS

$0.000591

24h: +0.10%
Market cap: $591,238
Volume 24h: $12,068
Volatility (ann.): 48%

Neos CreditsNCR

$0.027848

24h: +0.14%
Market cap: $1.13M
Volume 24h: $74
Volatility (ann.): 9%

RIS 34.3%Share of the two combined market caps65.7% NCR

Performance

RISNCR

7 days-1.83%-0.18%NCR
30 days-6.56%-1.16%NCR

Correlation

0.48over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	RIS	NCR
Max drawdown (400d)	-14.8%	-2.5%
Risk-adjusted return (90d)	-0.14	-0.22

Relative strength over 90 days: NCR outperformed RIS by 6.2% — measured on the RIS/NCR ratio, so it holds regardless of market direction.

Riser →Neos Credits →