Apu Apustaja vs SPX6900

SPX6900 (SPX) is 90.1× the size of Apu Apustaja (APU) by market capitalisation. Over the past 30 days, SPX is ahead by 45.0 percentage points (APU -69.4% against SPX -24.3%). Their daily returns move loosely together (correlation 0.36 across 24 shared trading days). APU has been the more volatile of the two, at 182% annualised against SPX's 113%.

Correlation: 0.36
Size ratio: 1 : 90.1
Ahead over 30 days: SPX

Apu ApustajaAPU

$1.132e-5

24h: -0.80%
Market cap: $3.82M
Volume 24h: $30,593
Volatility (ann.): 182%

SPX6900SPX

$0.370126

24h: +2.54%
Market cap: $344.58M
Volume 24h: $8.49M
Volatility (ann.): 113%

APU 1.1%Share of the two combined market caps98.9% SPX

Performance

APUSPX

7 days-58.22%-3.77%SPX
30 days-69.35%-24.31%SPX

Correlation

0.36over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	APU	SPX
Max drawdown (400d)	-71.5%	-42.9%
Risk-adjusted return (90d)	-0.39	0.14

Relative strength over 90 days: SPX outperformed APU by 58.7% — measured on the APU/SPX ratio, so it holds regardless of market direction.

Apu Apustaja →SPX6900 →