Non-Playable Coin (NPC) is 10835.4× the size of Apetardio (APETARDIO) by market capitalisation. Their daily returns move barely together (correlation 0.29 across 23 shared trading days). NPC has been the more volatile of the two, at 162% annualised against APETARDIO's 113%.
APETARDIONPC
0.29over 23 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 | APETARDIO | NPC |
|---|---|---|
| Max drawdown (400d) | -79.7% | -34.4% |
| Risk-adjusted return (90d) | -0.56 | 1.52 |
Relative strength over 90 days: NPC outperformed APETARDIO by 85.9% — measured on the APETARDIO/NPC ratio, so it holds regardless of market direction.