SYMMIO vs Derive

Derive (DRV) is 79.5× the size of SYMMIO (SYMM) by market capitalisation. Over the past 30 days, DRV is ahead by 151.0 percentage points (SYMM -37.1% against DRV +113.9%). Their daily returns move barely together (correlation 0.32 across 33 shared trading days). DRV has been the more volatile of the two, at 596% annualised against SYMM's 99%.

Correlation: 0.32
Size ratio: 1 : 79.5
Ahead over 30 days: DRV

SYMMIOSYMM

$0.005511

24h: -0.11%
Market cap: $4.65M
Volume 24h: $14,812
Volatility (ann.): 99%

DeriveDRV

$0.348009

24h: +12.48%
Market cap: $369.43M
Volume 24h: $7.87M
Volatility (ann.): 596%

SYMM 1.2%Share of the two combined market caps98.8% DRV

Performance

SYMMDRV

7 days-9.29%-12.47%SYMM
30 days-37.12%+113.87%DRV

Correlation

0.32over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	SYMM	DRV
Max drawdown (400d)	-53.1%	-32.6%
Risk-adjusted return (90d)	-0.53	0.40

Relative strength over 90 days: DRV outperformed SYMM by 75.1% — measured on the SYMM/DRV ratio, so it holds regardless of market direction.

SYMMIO →Derive →