Steem Dollars vs Atoshi

Atoshi (ATOS) is 6.7× the size of Steem Dollars (SBD) by market capitalisation. Over the past 30 days, SBD is ahead by 48.9 percentage points (SBD +25.3% against ATOS -23.6%). Their daily returns move barely together (correlation 0.17 across 28 shared trading days). SBD has been the more volatile of the two, at 200% annualised against ATOS's 131%.

Correlation: 0.17
Size ratio: 1 : 6.7
Ahead over 30 days: SBD

Steem DollarsSBD

$0.422926

24h: -10.77%
Market cap: $4.15M
Volume 24h: $452,284
Volatility (ann.): 200%

AtoshiATOS

$0.030726

24h: -1.12%
Market cap: $27.75M
Volume 24h: $21,833
Volatility (ann.): 131%

SBD 13.0%Share of the two combined market caps87.0% ATOS

Performance

SBDATOS

7 days-7.58%-7.50%ATOS
30 days+25.33%-23.60%SBD

Correlation

0.17over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	SBD	ATOS
Max drawdown (400d)	-27.5%	-50.7%
Risk-adjusted return (90d)	0.08	-0.11

Relative strength over 90 days: SBD outperformed ATOS by 6.1% — measured on the SBD/ATOS ratio, so it holds regardless of market direction.

Steem Dollars →Atoshi →