basilica vs Chutes

Chutes (SN64) is 12.8× the size of basilica (SN39) by market capitalisation. Over the past 30 days, SN39 is ahead by 2.6 percentage points (SN39 -4.3% against SN64 -6.9%). Their daily returns move closely together (correlation 0.82 across 24 shared trading days). Both have run at a similar volatility, around 138% annualised.

Correlation: 0.82
Size ratio: 1 : 12.8
Ahead over 30 days: SN39

basilicaSN39

$1.6700

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

ChutesSN64

$15.9200

24h: +5.50%
Market cap: $100.74M
Volume 24h: $362,901
Volatility (ann.): 141%

SN39 7.2%Share of the two combined market caps92.8% SN64

Performance

SN39SN64

7 days-9.82%-11.80%SN39
30 days-4.27%-6.90%SN39

Correlation

0.82over 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	SN39	SN64
Max drawdown (400d)	-23.9%	-32.6%
Risk-adjusted return (90d)	-0.03	0.00

Relative strength over 90 days: SN64 outperformed SN39 by 19.5% — measured on the SN39/SN64 ratio, so it holds regardless of market direction.

basilica →Chutes →