Cacheon vs affine

affine (SN120) is 4.1× the size of Cacheon (SN14) by market capitalisation. Over the past 30 days, SN14 is ahead by 38.2 percentage points (SN14 +18.5% against SN120 -19.7%). Their daily returns move closely together (correlation 0.83 across 26 shared trading days). SN120 has been the more volatile of the two, at 118% annualised against SN14's 98%.

Correlation: 0.83
Size ratio: 1 : 4.1
Ahead over 30 days: SN14

CacheonSN14

$2.1300

24h: +0.46%
Market cap: $10.76M
Volume 24h: $221,360
Volatility (ann.): 98%

affineSN120

$10.0400

24h: +6.08%
Market cap: $44.66M
Volume 24h: $723,204
Volatility (ann.): 118%

SN14 19.4%Share of the two combined market caps80.6% SN120

Performance

SN14SN120

7 days+0.75%-13.26%SN14
30 days+18.50%-19.70%SN14

Correlation

0.83over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8390d: 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	SN14	SN120
Max drawdown (400d)	-20.2%	-37.7%
Risk-adjusted return (90d)	0.19	-0.16

Relative strength over 90 days: SN120 outperformed SN14 by 0.7% — measured on the SN14/SN120 ratio, so it holds regardless of market direction.

Cacheon →affine →