Shiba Inu (SHIB) is 47.4× the size of Artificial Inu (AI) by market capitalisation. Over the past 1 year, SHIB is ahead by 23.8 percentage points (AI -70.4% against SHIB -46.6%). Their daily returns move loosely together (correlation 0.49 across 399 shared trading days). AI has been the more volatile of the two, at 104% annualised against SHIB's 69%.
AISHIB
0.49over 399 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 | AI | SHIB |
|---|---|---|
| Max drawdown (400d) | -86.9% | -68.0% |
| Risk-adjusted return (90d) | -0.05 | 0.01 |
| Best 30 days (past year) | +59.8% | +39.1% |
| Worst 30 days (past year) | -49.3% | -38.4% |
Relative strength over 90 days: SHIB outperformed AI by 3.8% — measured on the AI/SHIB ratio, so it holds regardless of market direction.