Sundae_Bar vs Chutes

Chutes (SN64) is 39.0× the size of Sundae_Bar (SN121) by market capitalisation. Over the past 30 days, SN121 is ahead by 20.1 percentage points (SN121 +13.2% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.91 across 23 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN121's 117%.

Correlation: 0.91
Size ratio: 1 : 39.0
Ahead over 30 days: SN121

Sundae_BarSN121

$0.765471

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

ChutesSN64

$15.4000

24h: +3.43%
Market cap: $97.46M
Volume 24h: $244,567
Volatility (ann.): 141%

SN121 2.5%Share of the two combined market caps97.5% SN64

Performance

SN121SN64

7 days-1.63%-11.80%SN121
30 days+13.19%-6.90%SN121

Correlation

0.91over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SN64
Max drawdown (400d)	-27.6%	-32.6%
Risk-adjusted return (90d)	0.11	0.00

Relative strength over 90 days: SN64 outperformed SN121 by 5.5% — measured on the SN121/SN64 ratio, so it holds regardless of market direction.

Sundae_Bar →Chutes →