SOMESING vs Ethereum
Ethereum (ETH) is 590187.2× the size of SOMESING (SSG) by market capitalisation. Over the past 1 year, SSG is ahead by 82.3 percentage points (SSG +49.2% against ETH -33.1%). Their daily returns move barely together (correlation 0.13 across 399 shared trading days). SSG has been the more volatile of the two, at 662% annualised against ETH's 63%.
Performance
| Period | SSG | ETH | Ahead |
|---|---|---|---|
| 7 days | -7.50% | +1.64% | ETH |
| 30 days | +90.07% | +10.06% | SSG |
| 90 days | -70.59% | +66.68% | ETH |
| 1 year | +49.23% | -33.09% | SSG |
Risk & extremes
| Metric | SSG | ETH |
|---|---|---|
| Max drawdown (400d) | -96.9% | -66.7% |
| Risk-adjusted return (90d) | -0.21 | 1.20 |
| Best 30 days (past year) | +1768.3% | +34.1% |
| Worst 30 days (past year) | -89.0% | -44.6% |
Relative strength over 90 days: ETH outperformed SSG by 81.0% — measured on the SSG/ETH ratio, so it holds regardless of market direction.
Correlation
0.13over 399 shared trading days
7d: insufficient data30d: -0.0790d: -0.061y: 0.14
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.