XRP (XRP) is 22510.3× the size of Alpine F1 Team Fan Token (ALPINE) by market capitalisation. Over the past 1 year, XRP is ahead by 30.1 percentage points (ALPINE -82.9% against XRP -52.8%). Their daily returns move barely together (correlation 0.23 across 399 shared trading days). ALPINE has been the more volatile of the two, at 162% annualised against XRP's 66%.
| Period | ALPINE | XRP | Ahead |
|---|---|---|---|
| 7 days | +2.39% | +3.23% | XRP |
| 30 days | -0.29% | +11.22% | XRP |
| 90 days | +3.94% | +25.39% | XRP |
| 1 year | -82.90% | -52.83% | XRP |
| Metric | ALPINE | XRP |
|---|---|---|
| Max drawdown (400d) | -95.5% | -68.2% |
| Risk-adjusted return (90d) | 0.06 | 0.38 |
| Best 30 days (past year) | +25.5% | +41.9% |
| Worst 30 days (past year) | -89.2% | -47.3% |
Relative strength over 90 days: XRP outperformed ALPINE by 17.1% — measured on the ALPINE/XRP ratio, so it holds regardless of market direction.
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.