Zeus vs Chutes

Chutes (SN64) is 20.7× the size of Zeus (SN18) by market capitalisation. Over the past 30 days, SN18 is ahead by 26.8 percentage points (SN18 +19.9% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.88 across 23 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN18's 116%.

Correlation: 0.88
Size ratio: 1 : 20.7
Ahead over 30 days: SN18

ZeusSN18

$0.817045

24h: +1.91%
Market cap: $4.70M
Volume 24h: $249,620
Volatility (ann.): 116%

ChutesSN64

$15.3700

24h: +2.31%
Market cap: $97.37M
Volume 24h: $348,049
Volatility (ann.): 141%

SN18 4.6%Share of the two combined market caps95.4% SN64

Performance

SN18SN64

7 days-3.42%-11.80%SN18
30 days+19.91%-6.90%SN18

Correlation

0.88over 23 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	SN18	SN64
Max drawdown (400d)	-25.0%	-32.6%
Risk-adjusted return (90d)	0.17	0.00

Relative strength over 90 days: SN64 outperformed SN18 by 0.8% — measured on the SN18/SN64 ratio, so it holds regardless of market direction.

Zeus →Chutes →