AllUnity EUR vs GHO

GHO (GHO) is 2206.0× the size of AllUnity EUR (EURAU) by market capitalisation. Over the past 30 days, GHO is ahead by 4.3 percentage points (EURAU -4.3% against GHO -0.0%). Their daily returns move loosely together (correlation 0.35 across 26 shared trading days). EURAU has been the more volatile of the two, at 7% annualised against GHO's 1%.

Correlation: 0.35
Size ratio: 1 : 2206.0
Ahead over 30 days: GHO

AllUnity EUREURAU

$1.1200

24h: +0.42%
Market cap: $316,483
Volume 24h: $14,595
Volatility (ann.): 7%

GHOGHO

$0.998802

24h: +0.04%
Market cap: $698.15M
Volume 24h: $6.35M
Volatility (ann.): 1%

EURAU 0.0%Share of the two combined market caps100.0% GHO

Performance

EURAUGHO

7 days-1.77%+0.00%GHO
30 days-4.31%-0.04%GHO

Correlation

0.35over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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.

Risk & extremes

Metric	EURAU	GHO
Max drawdown (400d)	-4.3%	-0.2%
Risk-adjusted return (90d)	-0.61	-0.01

Relative strength over 90 days: GHO outperformed EURAU by 4.3% — measured on the EURAU/GHO ratio, so it holds regardless of market direction.

AllUnity EUR →GHO →