Ampleforth Governance vs USD.AI

USD.AI (CHIP) is 47.8× the size of Ampleforth Governance (FORTH) by market capitalisation. Over the past 90 days, CHIP is ahead by 150.4 percentage points (FORTH -85.7% against CHIP +64.7%). Their daily returns move barely together (correlation 0.11 across 34 shared trading days). Both have run at a similar volatility, around 182% annualised.

Correlation: 0.11
Size ratio: 1 : 47.8
Ahead over 90 days: CHIP

Ampleforth GovernanceFORTH

$0.237000

24h: +86.36%
Market cap: $1.76M
Volume 24h: $1.25M
Volatility (ann.): 184%

USD.AICHIP

$0.042010

24h: -1.23%
Market cap: $83.98M
Volume 24h: $10.80M
Volatility (ann.): 180%

FORTH 2.0%Share of the two combined market caps98.0% CHIP

Performance

FORTHCHIP

7 days+6.61%-24.61%FORTH
30 days-33.22%-16.31%CHIP
90 days-85.72%+64.68%CHIP

Correlation

0.11over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	FORTH	CHIP
Max drawdown (400d)	-96.7%	-80.8%
Risk-adjusted return (90d)	-0.32	0.40

Relative strength over 90 days: CHIP outperformed FORTH by 28.6% — measured on the FORTH/CHIP ratio, so it holds regardless of market direction.

Ampleforth Governance →USD.AI →