Surge vs Altcoinist Token

Altcoinist Token (ALTT) is 11.0× the size of Surge (SURGE) by market capitalisation. Over the past 30 days, ALTT is ahead by 9.0 percentage points (SURGE -66.3% against ALTT -57.3%). Their daily returns move barely together (correlation 0.12 across 27 shared trading days). ALTT has been the more volatile of the two, at 177% annualised against SURGE's 121%.

Correlation: 0.12
Size ratio: 1 : 11.0
Ahead over 30 days: ALTT

SurgeSURGE

$0.006620

24h: +1.04%
Market cap: $165,506
Volume 24h: $37
Volatility (ann.): 121%

Altcoinist TokenALTT

$0.007454

24h: +0.23%
Market cap: $1.83M
Volume 24h: $26,483
Volatility (ann.): 177%

SURGE 8.3%Share of the two combined market caps91.7% ALTT

Performance

SURGEALTT

7 days-18.20%-14.49%ALTT
30 days-66.28%-57.33%ALTT

Correlation

0.12over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	SURGE	ALTT
Max drawdown (400d)	-66.8%	-65.8%
Risk-adjusted return (90d)	-0.55	-0.36

Relative strength over 90 days: ALTT outperformed SURGE by 48.0% — measured on the SURGE/ALTT ratio, so it holds regardless of market direction.

Surge →Altcoinist Token →