Scramble vs Ethereum
Scramble (SCR) and Ethereum (ETH) compared side by side. Over the past 1 year, ETH is ahead by 58.5 percentage points (SCR -91.6% against ETH -33.1%). Their daily returns move closely together (correlation 0.62 across 399 shared trading days). SCR has been the more volatile of the two, at 90% annualised against ETH's 63%.
Performance
| Period | SCR | ETH | Ahead |
|---|---|---|---|
| 7 days | -4.47% | +1.64% | ETH |
| 30 days | +3.00% | +10.06% | ETH |
| 90 days | -20.11% | +66.68% | ETH |
| 1 year | -91.58% | -33.09% | ETH |
Risk & extremes
| Metric | SCR | ETH |
|---|---|---|
| Max drawdown (400d) | -94.9% | -66.7% |
| Risk-adjusted return (90d) | -0.27 | 1.20 |
| Best 30 days (past year) | +27.0% | +34.1% |
| Worst 30 days (past year) | -51.2% | -44.6% |
Relative strength over 90 days: ETH outperformed SCR by 44.7% — measured on the SCR/ETH ratio, so it holds regardless of market direction.
Correlation
0.62over 399 shared trading days
7d: insufficient data30d: 0.5890d: 0.441y: 0.61
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.