NEAR Protocol (NEAR) is 18157.1× the size of 1clawAI (1CLAWAI) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 41 shared trading days). 1CLAWAI has been the more volatile of the two, at 250% annualised against NEAR's 109%.
1CLAWAINEAR
0.03over 41 shared trading days
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.
| Metric | 1CLAWAI | NEAR |
|---|---|---|
| Max drawdown (400d) | -39.3% | -68.7% |
| Risk-adjusted return (90d) | -0.03 | 1.01 |
| Best 30 days (past year) | — | +195.3% |
| Worst 30 days (past year) | — | -48.1% |
Relative strength over 90 days: NEAR outperformed 1CLAWAI by 52.5% — measured on the 1CLAWAI/NEAR ratio, so it holds regardless of market direction.