TROLL (TROLL) is 1484.0× the size of Amelia the Patriot (AMELIA) by market capitalisation. Their daily returns move loosely together (correlation 0.47 across 35 shared trading days). AMELIA has been the more volatile of the two, at 324% annualised against TROLL's 195%.
AMELIATROLL
0.47over 35 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 | AMELIA | TROLL |
|---|---|---|
| Max drawdown (400d) | -68.1% | -61.0% |
| Risk-adjusted return (90d) | -0.42 | -0.21 |
Relative strength over 90 days: AMELIA outperformed TROLL by 42.5% — measured on the AMELIA/TROLL ratio, so it holds regardless of market direction.