AMPLIFYWORLD (AMPS) is 3.7× the size of Tune.Fm (JAM) by market capitalisation. Over the past 30 days, JAM is ahead by 8.1 percentage points (AMPS -27.9% against JAM -19.8%). Their daily returns move barely together (correlation 0.06 across 28 shared trading days). Both have run at a similar volatility, around 156% annualised.
AMPSJAM
0.06over 28 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 | AMPS | JAM |
|---|---|---|
| Max drawdown (400d) | -28.9% | -29.8% |
| Risk-adjusted return (90d) | -0.07 | -0.13 |
Relative strength over 90 days: JAM outperformed AMPS by 19.1% — measured on the AMPS/JAM ratio, so it holds regardless of market direction.