TRIA vs Aerodrome Finance

Aerodrome Finance (AERO) is 45.8× the size of TRIA (TRIA) by market capitalisation. Over the past 90 days, AERO is ahead by 114.7 percentage points (TRIA -70.1% against AERO +44.6%). Their daily returns move barely together (correlation 0.30 across 85 shared trading days). TRIA has been the more volatile of the two, at 201% annualised against AERO's 101%.

Correlation: 0.30
Size ratio: 1 : 45.8
Ahead over 90 days: AERO

TRIATRIA

$0.002382

24h: -4.37%
Market cap: $5.14M
Volume 24h: $1.92M
Volatility (ann.): 201%

Aerodrome FinanceAERO

$0.655500

24h: +3.19%
Market cap: $235.15M
Volume 24h: $29.33M
Volatility (ann.): 101%

TRIA 2.1%Share of the two combined market caps97.9% AERO

Performance

TRIAAERO

7 days-17.25%-9.63%AERO
30 days-29.76%-25.37%AERO
90 days-70.08%+44.60%AERO

Correlation

0.30over 85 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 0.301y: 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	TRIA	AERO
Max drawdown (400d)	-92.4%	-36.4%
Risk-adjusted return (90d)	-0.44	0.42

Relative strength over 90 days: AERO outperformed TRIA by 78.2% — measured on the TRIA/AERO ratio, so it holds regardless of market direction.

TRIA →Aerodrome Finance →