$SKITTEN vs SPX6900

SPX6900 (SPX) is 12848.4× the size of $SKITTEN (SKITTEN) by market capitalisation. Over the past 30 days, SKITTEN is ahead by 15.0 percentage points (SKITTEN -18.6% against SPX -33.6%). Their daily returns move loosely together (correlation 0.50 across 23 shared trading days). SPX has been the more volatile of the two, at 115% annualised against SKITTEN's 58%.

Correlation: 0.50
Size ratio: 1 : 12848.4
Ahead over 30 days: SKITTEN

$SKITTENSKITTEN

$2.718e-5

24h: -7.21%
Market cap: $25,097
Volume 24h: $1
Volatility (ann.): 58%

SPX6900SPX

$0.346360

24h: -8.49%
Market cap: $322.46M
Volume 24h: $7.28M
Volatility (ann.): 115%

SKITTEN 0.0%Share of the two combined market caps100.0% SPX

Performance

SKITTENSPX

7 days+3.60%-2.61%SKITTEN
30 days-18.57%-33.59%SKITTEN

Correlation

0.50over 23 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	SKITTEN	SPX
Max drawdown (400d)	-21.9%	-43.7%
Risk-adjusted return (90d)	-0.32	0.05

Relative strength over 90 days: SPX outperformed SKITTEN by 7.9% — measured on the SKITTEN/SPX ratio, so it holds regardless of market direction.

$SKITTEN →SPX6900 →