Riser vs Somnium Space CUBEs

Somnium Space CUBEs (CUBE) is 4.1× the size of Riser (RIS) by market capitalisation. Over the past 30 days, RIS is ahead by 16.2 percentage points (RIS -6.6% against CUBE -22.8%). Their daily returns move barely together (correlation 0.29 across 27 shared trading days). CUBE has been the more volatile of the two, at 112% annualised against RIS's 48%.

Correlation: 0.29
Size ratio: 1 : 4.1
Ahead over 30 days: RIS

RiserRIS

$0.000591

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

Somnium Space CUBEsCUBE

$0.064169

24h: —
Market cap: $2.44M
Volume 24h: $659
Volatility (ann.): 112%

RIS 19.5%Share of the two combined market caps80.5% CUBE

Performance

RISCUBE

7 days-1.83%-12.50%RIS
30 days-6.56%-22.81%RIS

Correlation

0.29over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	CUBE
Max drawdown (400d)	-14.8%	-28.2%
Risk-adjusted return (90d)	-0.14	-0.25

Relative strength over 90 days: RIS outperformed CUBE by 4.5% — measured on the RIS/CUBE ratio, so it holds regardless of market direction.

Riser →Somnium Space CUBEs →