Suilend vs Olympus

Olympus (OHM) is 71.9× the size of Suilend (SEND) by market capitalisation. Over the past 30 days, SEND is ahead by 4.6 percentage points (SEND -5.2% against OHM -9.8%). Their daily returns move loosely together (correlation 0.40 across 30 shared trading days). SEND has been the more volatile of the two, at 117% annualised against OHM's 29%.

Correlation: 0.40
Size ratio: 1 : 71.9
Ahead over 30 days: SEND

SuilendSEND

$0.050625

24h: +1.11%
Market cap: $3.82M
Volume 24h: $36
Volatility (ann.): 117%

OlympusOHM

$18.4100

24h: -0.10%
Market cap: $274.95M
Volume 24h: $190,525
Volatility (ann.): 29%

SEND 1.4%Share of the two combined market caps98.6% OHM

Performance

SENDOHM

7 days+0.06%-5.47%SEND
30 days-5.24%-9.84%SEND

Correlation

0.40over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	SEND	OHM
Max drawdown (400d)	-27.9%	-10.8%
Risk-adjusted return (90d)	-0.02	-0.03

Relative strength over 90 days: SEND outperformed OHM by 4.5% — measured on the SEND/OHM ratio, so it holds regardless of market direction.

Suilend →Olympus →