AI Slop vs Bitcoin
Bitcoin (BTC) is 5791006.0× the size of AI Slop (AISLOP) by market capitalisation. Their daily returns move barely together (correlation 0.16 across 30 shared trading days). AISLOP has been the more volatile of the two, at 225% annualised against BTC's 44%.
Performance
| Period | AISLOP | BTC | Ahead |
|---|---|---|---|
| 7 days | -7.75% | -0.92% | BTC |
| 30 days | -13.61% | +6.42% | BTC |
| 90 days | — | +35.84% | — |
| 1 year | — | -26.68% | — |
Risk & extremes
| Metric | AISLOP | BTC |
|---|---|---|
| Max drawdown (400d) | -34.8% | -53.0% |
| Risk-adjusted return (90d) | -0.06 | 0.92 |
| Best 30 days (past year) | — | +26.8% |
| Worst 30 days (past year) | — | -32.9% |
Relative strength over 90 days: BTC outperformed AISLOP by 20.8% — measured on the AISLOP/BTC ratio, so it holds regardless of market direction.
Correlation
0.16over 30 shared trading days
7d: insufficient data30d: 0.1690d: 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.