Pudgy Penguins (PENGU) is 43.6× the size of Act I The AI Prophecy (ACT) by market capitalisation. Over the past 1 year, ACT is ahead by 4.4 percentage points (ACT -49.7% against PENGU -54.1%). Their daily returns move loosely together (correlation 0.46 across 399 shared trading days). ACT has been the more volatile of the two, at 121% annualised against PENGU's 104%.
ACTPENGU
0.46over 399 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 | ACT | PENGU |
|---|---|---|
| Max drawdown (400d) | -82.9% | -82.4% |
| Risk-adjusted return (90d) | -0.10 | 0.13 |
| Best 30 days (past year) | +104.0% | +74.9% |
| Worst 30 days (past year) | -50.9% | -55.1% |
Relative strength over 90 days: PENGU outperformed ACT by 20.4% — measured on the ACT/PENGU ratio, so it holds regardless of market direction.