Dash (DASH) is 10.3× the size of Amp (AMP) by market capitalisation. Over the past 1 year, DASH is ahead by 10.4 percentage points (AMP -70.0% against DASH -59.6%). Their daily returns move barely together (correlation 0.21 across 399 shared trading days). DASH has been the more volatile of the two, at 148% annualised against AMP's 97%.
AMPDASH
0.21over 399 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 | AMP | DASH |
|---|---|---|
| Max drawdown (400d) | -88.8% | -75.5% |
| Risk-adjusted return (90d) | 0.45 | 0.48 |
| Best 30 days (past year) | +89.6% | +131.4% |
| Worst 30 days (past year) | -45.8% | -59.2% |
Relative strength over 90 days: AMP outperformed DASH by 10.5% — measured on the AMP/DASH ratio, so it holds regardless of market direction.