Alias vs Litecoin

Alias (ALIAS) and Litecoin (LTC) compared side by side. Their daily returns move barely together (correlation 0.31 across 31 shared trading days). Both have run at a similar volatility, around 60% annualised.

Correlation: 0.31

AliasALIAS

$0.056027

24h: +1.06%
Market cap: —
Volume 24h: $69
Volatility (ann.): 58%

LitecoinLTC

$56.2400

24h: +4.99%
Market cap: $4.36B
Volume 24h: $220.16M
Volatility (ann.): 62%

ALIAS 0.0%Share of the two combined market caps100.0% LTC

Performance

ALIASLTC

7 days-3.51%-5.01%ALIAS
30 days+11.68%-19.71%ALIAS
90 days—+23.83%—
1 year—-33.95%—

Correlation

0.31over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	ALIAS	LTC
Max drawdown (400d)	-10.1%	-67.5%
Risk-adjusted return (90d)	0.20	0.38
Best 30 days (past year)	—	+45.4%
Worst 30 days (past year)	—	-39.5%

Relative strength over 90 days: LTC outperformed ALIAS by 6.4% — measured on the ALIAS/LTC ratio, so it holds regardless of market direction.

Alias →Litecoin →