basilica vs affine

affine (SN120) is 5.7× the size of basilica (SN39) by market capitalisation. Over the past 30 days, SN39 is ahead by 15.4 percentage points (SN39 -4.3% against SN120 -19.7%). Their daily returns move closely together (correlation 0.70 across 26 shared trading days). SN39 has been the more volatile of the two, at 136% annualised against SN120's 118%.

Correlation: 0.70
Size ratio: 1 : 5.7
Ahead over 30 days: SN39

basilicaSN39

$1.6700

24h: -11.04%
Market cap: $7.86M
Volume 24h: $408,678
Volatility (ann.): 136%

affineSN120

$10.0400

24h: +6.08%
Market cap: $44.66M
Volume 24h: $723,204
Volatility (ann.): 118%

SN39 15.0%Share of the two combined market caps85.0% SN120

Performance

SN39SN120

7 days-9.82%-13.26%SN39
30 days-4.27%-19.70%SN39

Correlation

0.70over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7090d: 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	SN39	SN120
Max drawdown (400d)	-23.9%	-37.7%
Risk-adjusted return (90d)	-0.03	-0.16

Relative strength over 90 days: SN120 outperformed SN39 by 19.8% — measured on the SN39/SN120 ratio, so it holds regardless of market direction.

basilica →affine →