Surge vs CRONUS

CRONUS (CRONUS) is 33.4× the size of Surge (SURGE) by market capitalisation. Over the past 30 days, CRONUS is ahead by 128.1 percentage points (SURGE -66.3% against CRONUS +61.8%). Their daily returns move loosely together (correlation 0.41 across 27 shared trading days). CRONUS has been the more volatile of the two, at 254% annualised against SURGE's 121%.

Correlation: 0.41
Size ratio: 1 : 33.4
Ahead over 30 days: CRONUS

SurgeSURGE

$0.006620

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

CRONUSCRONUS

$0.005665

24h: +4.02%
Market cap: $5.54M
Volume 24h: $11,777
Volatility (ann.): 254%

SURGE 2.9%Share of the two combined market caps97.1% CRONUS

Performance

SURGECRONUS

7 days-18.20%-2.79%CRONUS
30 days-66.28%+61.84%CRONUS

Correlation

0.41over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	CRONUS
Max drawdown (400d)	-66.8%	-35.1%
Risk-adjusted return (90d)	-0.55	0.58

Relative strength over 90 days: CRONUS outperformed SURGE by 84.8% — measured on the SURGE/CRONUS ratio, so it holds regardless of market direction.

Surge →CRONUS →