SolMev vs lium

lium (SN51) is 52.2× the size of SolMev (SN116) by market capitalisation. Over the past 30 days, SN51 is ahead by 78.1 percentage points (SN116 -61.9% against SN51 +16.1%). Their daily returns move loosely in opposite directions (correlation -0.56 across 21 shared trading days). SN116 has been the more volatile of the two, at 212% annualised against SN51's 140%.

Correlation: -0.56
Size ratio: 1 : 52.2
Ahead over 30 days: SN51

SolMevSN116

$9.4700

24h: +15.99%
Market cap: $2.58M
Volume 24h: $324,322
Volatility (ann.): 212%

liumSN51

$26.5300

24h: +0.75%
Market cap: $134.43M
Volume 24h: $3.35M
Volatility (ann.): 140%

SN116 1.9%Share of the two combined market caps98.1% SN51

Performance

SN116SN51

7 days-6.29%-13.99%SN116
30 days-61.93%+16.13%SN51

Correlation

-0.56over 21 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	SN116	SN51
Max drawdown (400d)	-66.9%	-19.1%
Risk-adjusted return (90d)	-0.29	0.59

Relative strength over 90 days: SN51 outperformed SN116 by 75.4% — measured on the SN116/SN51 ratio, so it holds regardless of market direction.

SolMev →lium →