ABBC (ABBC) and XRP (XRP) compared side by side. Over the past 1 year, ABBC is ahead by 15.2 percentage points (ABBC -25.6% against XRP -40.8%). Their daily returns move barely together (correlation 0.12 across 362 shared trading days). ABBC has been the more volatile of the two, at 242% annualised against XRP's 65%.
ABBCXRP
0.12over 362 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 | ABBC | XRP |
|---|---|---|
| Max drawdown (400d) | -91.5% | -67.3% |
| Risk-adjusted return (90d) | 0.16 | 0.37 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: ABBC outperformed XRP by 2.7% — measured on the ABBC/XRP ratio, so it holds regardless of market direction.