TensorUSD vs affine

affine (SN120) is 43.8× the size of TensorUSD (SN113) by market capitalisation. Over the past 30 days, SN113 is ahead by 15.5 percentage points (SN113 -4.2% against SN120 -19.7%). Their daily returns move loosely together (correlation 0.42 across 24 shared trading days). SN113 has been the more volatile of the two, at 141% annualised against SN120's 118%.

Correlation: 0.42
Size ratio: 1 : 43.8
Ahead over 30 days: SN113

TensorUSDSN113

$0.549545

24h: -2.23%
Market cap: $984,309
Volume 24h: $74,412
Volatility (ann.): 141%

affineSN120

$9.7000

24h: +4.41%
Market cap: $43.12M
Volume 24h: $674,338
Volatility (ann.): 118%

SN113 2.2%Share of the two combined market caps97.8% SN120

Performance

SN113SN120

7 days+1.68%-13.26%SN113
30 days-4.16%-19.70%SN113

Correlation

0.42over 24 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	SN113	SN120
Max drawdown (400d)	-35.7%	-37.7%
Risk-adjusted return (90d)	-0.03	-0.16

Relative strength over 90 days: SN120 outperformed SN113 by 23.9% — measured on the SN113/SN120 ratio, so it holds regardless of market direction.

TensorUSD →affine →