Typus vs Lighter

Lighter (LIT) is 2442.3× the size of Typus (TYPUS) by market capitalisation. Over the past 30 days, LIT is ahead by 35.0 percentage points (TYPUS -51.9% against LIT -16.9%). Their daily returns move barely together (correlation 0.14 across 32 shared trading days). TYPUS has been the more volatile of the two, at 140% annualised against LIT's 118%.

Correlation: 0.14
Size ratio: 1 : 2442.3
Ahead over 30 days: LIT

TypusTYPUS

$0.000346

24h: +4.69%
Market cap: $346,071
Volume 24h: $129
Volatility (ann.): 140%

LighterLIT

$0.743000

24h: +2.09%
Market cap: $845.22M
Volume 24h: $98.34M
Volatility (ann.): 118%

TYPUS 0.0%Share of the two combined market caps100.0% LIT

Performance

TYPUSLIT

7 days-0.09%+13.99%LIT
30 days-51.95%-16.92%LIT

Correlation

0.14over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	TYPUS	LIT
Max drawdown (400d)	-56.3%	-42.9%
Risk-adjusted return (90d)	-0.38	-0.26

Relative strength over 90 days: LIT outperformed TYPUS by 47.3% — measured on the TYPUS/LIT ratio, so it holds regardless of market direction.

Typus →Lighter →