tensorprox vs affine

affine (SN120) is 28.9× the size of tensorprox (SN91) by market capitalisation. Over the past 30 days, SN91 is ahead by 4.0 percentage points (SN91 -15.7% against SN120 -19.7%). Their daily returns move barely together (correlation 0.34 across 25 shared trading days). SN91 has been the more volatile of the two, at 148% annualised against SN120's 118%.

Correlation: 0.34
Size ratio: 1 : 28.9
Ahead over 30 days: SN91

tensorproxSN91

$0.889039

24h: -3.13%
Market cap: $1.49M
Volume 24h: $306,201
Volatility (ann.): 148%

affineSN120

$9.7100

24h: +2.61%
Market cap: $43.17M
Volume 24h: $703,072
Volatility (ann.): 118%

SN91 3.3%Share of the two combined market caps96.7% SN120

Performance

SN91SN120

7 days-15.20%-13.26%SN120
30 days-15.70%-19.70%SN91

Correlation

0.34over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	SN91	SN120
Max drawdown (400d)	-43.5%	-37.7%
Risk-adjusted return (90d)	-0.11	-0.16

Relative strength over 90 days: SN120 outperformed SN91 by 31.3% — measured on the SN91/SN120 ratio, so it holds regardless of market direction.

tensorprox →affine →