Aipocalypto (AIPO) and Immutable (IMX) compared side by side. Over the past 1 year, IMX is ahead by 1.4 percentage points (AIPO -74.7% against IMX -73.3%). Their daily returns move barely together (correlation 0.00 across 363 shared trading days). AIPO has been the more volatile of the two, at 143% annualised against IMX's 90%.
AIPOIMX
0.00over 363 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 | AIPO | IMX |
|---|---|---|
| Max drawdown (400d) | -93.7% | -87.2% |
| Risk-adjusted return (90d) | 0.78 | 0.08 |
| Best 30 days (past year) | — | +67.7% |
| Worst 30 days (past year) | — | -50.4% |
Relative strength over 90 days: AIPO outperformed IMX by 74.0% — measured on the AIPO/IMX ratio, so it holds regardless of market direction.