Sportstensor vs Chutes

Chutes (SN64) is 10.4× the size of Sportstensor (SN41) by market capitalisation. Over the past 30 days, SN41 is ahead by 113.7 percentage points (SN41 +106.8% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.93 across 24 shared trading days). Both have run at a similar volatility, around 150% annualised.

Correlation: 0.93
Size ratio: 1 : 10.4
Ahead over 30 days: SN41

SportstensorSN41

$1.9000

24h: +0.41%
Market cap: $9.62M
Volume 24h: $91,830
Volatility (ann.): 159%

ChutesSN64

$15.8500

24h: +4.92%
Market cap: $100.32M
Volume 24h: $406,923
Volatility (ann.): 141%

SN41 8.7%Share of the two combined market caps91.3% SN64

Performance

SN41SN64

7 days+29.79%-11.80%SN41
30 days+106.78%-6.90%SN41

Correlation

0.93over 24 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	SN41	SN64
Max drawdown (400d)	-15.0%	-32.6%
Risk-adjusted return (90d)	0.67	0.00

Relative strength over 90 days: SN41 outperformed SN64 by 73.8% — measured on the SN41/SN64 ratio, so it holds regardless of market direction.

Sportstensor →Chutes →