0G (0G) is 1.4× the size of Allora (ALLO) by market capitalisation. Over the past 1 year, ALLO is ahead by 21.4 percentage points (ALLO -66.0% against 0G -87.5%). Their daily returns move barely together (correlation 0.09 across 358 shared trading days). ALLO has been the more volatile of the two, at 203% annualised against 0G's 122%.
ALLO0G
0.09over 358 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 | ALLO | 0G |
|---|---|---|
| Max drawdown (400d) | -88.9% | -95.9% |
| Risk-adjusted return (90d) | -0.49 | 0.11 |
| Best 30 days (past year) | — | +99.1% |
| Worst 30 days (past year) | — | -53.0% |
Relative strength over 90 days: 0G outperformed ALLO by 46.5% — measured on the ALLO/0G ratio, so it holds regardless of market direction.