Pudgy Penguins (PENGU) is 2806.6× the size of artificial gooner intelligence (AGI) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.30 across 33 shared trading days). AGI has been the more volatile of the two, at 43917% annualised against PENGU's 104%.
$0.000162
AGIPENGU
-0.30over 33 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 | AGI | PENGU |
|---|---|---|
| Max drawdown (400d) | -100.0% | -82.4% |
| Risk-adjusted return (90d) | 0.00 | 0.13 |
| Best 30 days (past year) | — | +74.9% |
| Worst 30 days (past year) | — | -55.1% |
Relative strength over 90 days: PENGU outperformed AGI by 95.7% — measured on the AGI/PENGU ratio, so it holds regardless of market direction.