Pareton vs EfficientFrontier

EfficientFrontier (SN53) is 7.4× the size of Pareton (SN10) by market capitalisation. Over the past 30 days, SN53 is ahead by 61.8 percentage points (SN10 -39.1% against SN53 +22.7%). Their daily returns move loosely together (correlation 0.39 across 29 shared trading days). Both have run at a similar volatility, around 203% annualised.

Correlation: 0.39
Size ratio: 1 : 7.4
Ahead over 30 days: SN53

ParetonSN10

$1.0020

24h: -0.58%
Market cap: $5.39M
Volume 24h: $78,804
Volatility (ann.): 207%

EfficientFrontierSN53

$6.8700

24h: -1.28%
Market cap: $40.11M
Volume 24h: $2.13M
Volatility (ann.): 200%

SN10 11.9%Share of the two combined market caps88.1% SN53

Performance

SN10SN53

7 days-48.42%-14.51%SN53
30 days-39.06%+22.72%SN53

Correlation

0.39over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	SN10	SN53
Max drawdown (400d)	-49.9%	-40.6%
Risk-adjusted return (90d)	-0.19	0.09

Relative strength over 90 days: SN53 outperformed SN10 by 40.2% — measured on the SN10/SN53 ratio, so it holds regardless of market direction.

Pareton →EfficientFrontier →