SPINY vs Jackpotter

Jackpotter ($JPT) is 7391.4× the size of SPINY (SPINY) by market capitalisation. Over the past 30 days, SPINY is ahead by 14.5 percentage points (SPINY -26.2% against $JPT -40.7%). Their daily returns move barely together (correlation 0.23 across 30 shared trading days). $JPT has been the more volatile of the two, at 89% annualised against SPINY's 55%.

Correlation: 0.23
Size ratio: 1 : 7391.4
Ahead over 30 days: SPINY

SPINYSPINY

$4.300e-6

24h: +4.04%
Market cap: $3,162
Volume 24h: $2
Volatility (ann.): 55%

Jackpotter$JPT

$0.023390

24h: +6.86%
Market cap: $23.38M
Volume 24h: $19
Volatility (ann.): 89%

SPINY 0.0%Share of the two combined market caps100.0% $JPT

Performance

SPINY$JPT

7 days-9.26%+0.45%$JPT
30 days-26.22%-40.71%SPINY

Correlation

0.23over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	SPINY	$JPT
Max drawdown (400d)	-30.5%	-46.5%
Risk-adjusted return (90d)	-0.47	-0.47

Relative strength over 90 days: SPINY outperformed $JPT by 28.1% — measured on the SPINY/$JPT ratio, so it holds regardless of market direction.

SPINY →Jackpotter →