Astra Nova vs Bedrock

Bedrock (BR) is 1031.0× the size of Astra Nova (RVV) by market capitalisation. Over the past 30 days, BR is ahead by 114.1 percentage points (RVV -63.0% against BR +51.2%). Their daily returns move barely together (correlation 0.04 across 29 shared trading days). Both have run at a similar volatility, around 531% annualised.

Correlation: 0.04
Size ratio: 1 : 1031.0
Ahead over 30 days: BR

Astra NovaRVV

$2.004e-5

24h: -21.42%
Market cap: $134,943
Volume 24h: $40,498
Volatility (ann.): 538%

BedrockBR

$0.468944

24h: +1.46%
Market cap: $139.12M
Volume 24h: $2.36M
Volatility (ann.): 524%

RVV 0.1%Share of the two combined market caps99.9% BR

Performance

RVVBR

7 days+41.65%-0.81%RVV
30 days-62.96%+51.18%BR

Correlation

0.04over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0490d: 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	RVV	BR
Max drawdown (400d)	-77.6%	-62.7%
Risk-adjusted return (90d)	-0.12	0.26

Relative strength over 90 days: BR outperformed RVV by 84.1% — measured on the RVV/BR ratio, so it holds regardless of market direction.

Astra Nova →Bedrock →