SPINY vs Shuffle

Shuffle (SHFL) is 59114.9× the size of SPINY (SPINY) by market capitalisation. Over the past 30 days, SHFL is ahead by 48.3 percentage points (SPINY -26.2% against SHFL +22.1%). Their daily returns move loosely together (correlation 0.40 across 21 shared trading days). SHFL has been the more volatile of the two, at 171% annualised against SPINY's 55%.

Correlation: 0.40
Size ratio: 1 : 59114.9
Ahead over 30 days: SHFL

SPINYSPINY

$4.300e-6

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

ShuffleSHFL

$0.373028

24h: -3.49%
Market cap: $186.95M
Volume 24h: $747,428
Volatility (ann.): 171%

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

Performance

SPINYSHFL

7 days-9.26%-21.31%SPINY
30 days-26.22%+22.13%SHFL

Correlation

0.40over 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	SPINY	SHFL
Max drawdown (400d)	-30.5%	-41.4%
Risk-adjusted return (90d)	-0.47	0.18

Relative strength over 90 days: SPINY outperformed SHFL by 10.2% — measured on the SPINY/SHFL ratio, so it holds regardless of market direction.

SPINY →Shuffle →