Sui vs Gram (prev. Toncoin)
Sui (SUI) is 1.1× the size of Gram (prev. Toncoin) (GRAM) by market capitalisation. Their daily returns move loosely together (correlation 0.53 across 87 shared trading days). SUI has been the more volatile of the two, at 89% annualised against GRAM's 55%.
Performance
| Period | SUI | GRAM | Ahead |
|---|---|---|---|
| 7 days | +35.65% | +16.93% | SUI |
| 30 days | +49.20% | +14.20% | SUI |
| 90 days | +70.71% | -3.12% | SUI |
| 1 year | -63.90% | — | — |
Risk & extremes
| Metric | SUI | GRAM |
|---|---|---|
| Max drawdown (400d) | -83.2% | -26.0% |
| Risk-adjusted return (90d) | 0.85 | -0.06 |
| Best 30 days (past year) | +55.7% | — |
| Worst 30 days (past year) | -53.6% | — |
Relative strength over 90 days: SUI outperformed GRAM by 63.3% — measured on the SUI/GRAM ratio, so it holds regardless of market direction.
Correlation
0.53over 87 shared trading days
7d: insufficient data30d: 0.4590d: 0.531y: 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.