Vidaio vs Chutes

Chutes (SN64) is 18.4× the size of Vidaio (SN85) by market capitalisation. Over the past 30 days, SN85 is ahead by 54.3 percentage points (SN85 +47.4% against SN64 -6.9%). Their daily returns move closely together (correlation 0.61 across 24 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN85's 119%.

Correlation: 0.61
Size ratio: 1 : 18.4
Ahead over 30 days: SN85

VidaioSN85

$1.0390

24h: +0.50%
Market cap: $5.26M
Volume 24h: $502,668
Volatility (ann.): 119%

ChutesSN64

$15.3300

24h: +1.65%
Market cap: $97.02M
Volume 24h: $351,621
Volatility (ann.): 141%

SN85 5.1%Share of the two combined market caps94.9% SN64

Performance

SN85SN64

7 days+14.77%-11.80%SN85
30 days+47.41%-6.90%SN85

Correlation

0.61over 24 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	SN85	SN64
Max drawdown (400d)	-19.7%	-32.6%
Risk-adjusted return (90d)	0.40	0.00

Relative strength over 90 days: SN85 outperformed SN64 by 23.9% — measured on the SN85/SN64 ratio, so it holds regardless of market direction.

Vidaio →Chutes →