Sundae_Bar vs affine

affine (SN120) is 17.3× the size of Sundae_Bar (SN121) by market capitalisation. Over the past 30 days, SN121 is ahead by 32.9 percentage points (SN121 +13.2% against SN120 -19.7%). Their daily returns move closely together (correlation 0.77 across 25 shared trading days). Both have run at a similar volatility, around 117% annualised.

Correlation: 0.77
Size ratio: 1 : 17.3
Ahead over 30 days: SN121

Sundae_BarSN121

$0.765471

24h: +0.09%
Market cap: $2.50M
Volume 24h: $1,030
Volatility (ann.): 117%

affineSN120

$9.7100

24h: +2.61%
Market cap: $43.17M
Volume 24h: $703,072
Volatility (ann.): 118%

SN121 5.5%Share of the two combined market caps94.5% SN120

Performance

SN121SN120

7 days-1.63%-13.26%SN121
30 days+13.19%-19.70%SN121

Correlation

0.77over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7790d: 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	SN121	SN120
Max drawdown (400d)	-27.6%	-37.7%
Risk-adjusted return (90d)	0.11	-0.16

Relative strength over 90 days: SN120 outperformed SN121 by 7.9% — measured on the SN121/SN120 ratio, so it holds regardless of market direction.

Sundae_Bar →affine →