Vericore vs affine

affine (SN120) is 215.2× the size of Vericore (SN70) by market capitalisation. Over the past 30 days, SN120 is ahead by 67.2 percentage points (SN70 -82.4% against SN120 -15.2%). Their daily returns move barely together (correlation 0.14 across 21 shared trading days). SN70 has been the more volatile of the two, at 221% annualised against SN120's 117%.

Correlation: 0.14
Size ratio: 1 : 215.2
Ahead over 30 days: SN120

VericoreSN70

$3.1400

24h: -27.19%
Market cap: $192,791
Volume 24h: $474,041
Volatility (ann.): 221%

affineSN120

$9.3100

24h: -6.91%
Market cap: $41.49M
Volume 24h: $298,871
Volatility (ann.): 117%

SN70 0.5%Share of the two combined market caps99.5% SN120

Performance

SN70SN120

7 days-33.76%-6.33%SN120
30 days-82.38%-15.18%SN120

Correlation

0.14over 21 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	SN70	SN120
Max drawdown (400d)	-83.1%	-37.7%
Risk-adjusted return (90d)	-0.37	-0.13

Relative strength over 90 days: SN120 outperformed SN70 by 82.5% — measured on the SN70/SN120 ratio, so it holds regardless of market direction.

Vericore →affine →