uTrade vs CRONUS

CRONUS (CRONUS) is 4.1× the size of uTrade (UTT) by market capitalisation. Over the past 30 days, CRONUS is ahead by 1.7 percentage points (UTT +60.2% against CRONUS +61.8%). Their daily returns move barely together (correlation 0.04 across 30 shared trading days). CRONUS has been the more volatile of the two, at 254% annualised against UTT's 158%.

Correlation: 0.04
Size ratio: 1 : 4.1
Ahead over 30 days: CRONUS

uTradeUTT

$0.308305

24h: +0.02%
Market cap: $1.36M
Volume 24h: $219,880
Volatility (ann.): 158%

CRONUSCRONUS

$0.005665

24h: +4.02%
Market cap: $5.54M
Volume 24h: $11,777
Volatility (ann.): 254%

UTT 19.8%Share of the two combined market caps80.2% CRONUS

Performance

UTTCRONUS

7 days+31.69%-2.79%UTT
30 days+60.17%+61.84%CRONUS

Correlation

0.04over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	UTT	CRONUS
Max drawdown (400d)	-16.5%	-35.1%
Risk-adjusted return (90d)	0.38	0.58

Relative strength over 90 days: CRONUS outperformed UTT by 37.0% — measured on the UTT/CRONUS ratio, so it holds regardless of market direction.

uTrade →CRONUS →