Capricorn vs Bedrock

Bedrock (BR) is 8.8× the size of Capricorn (APR) by market capitalisation. Over the past 30 days, BR is ahead by 167.3 percentage points (APR -73.2% against BR +94.1%). Their daily returns move barely together (correlation 0.25 across 47 shared trading days). BR has been the more volatile of the two, at 529% annualised against APR's 361%.

Correlation: 0.25
Size ratio: 1 : 8.8
Ahead over 30 days: BR

CapricornAPR

$0.039741

24h: -22.29%
Market cap: $15.98M
Volume 24h: $5.38M
Volatility (ann.): 361%

BedrockBR

$0.474767

24h: -1.02%
Market cap: $140.83M
Volume 24h: $2.27M
Volatility (ann.): 529%

APR 10.2%Share of the two combined market caps89.8% BR

Performance

APRBR

7 days-17.70%-3.07%BR
30 days-73.17%+94.11%BR

Correlation

0.25over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	APR	BR
Max drawdown (400d)	-91.6%	-62.7%
Risk-adjusted return (90d)	-0.23	0.26

Relative strength over 90 days: BR outperformed APR by 91.3% — measured on the APR/BR ratio, so it holds regardless of market direction.

Capricorn →Bedrock →