Sentient (SENT) is 1019.5× the size of Astra Nova (RVV) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.05 across 39 shared trading days). RVV has been the more volatile of the two, at 538% annualised against SENT's 118%.
RVVSENT
-0.05over 39 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 | RVV | SENT |
|---|---|---|
| Max drawdown (400d) | -77.6% | -75.8% |
| Risk-adjusted return (90d) | -0.12 | 0.46 |
Relative strength over 90 days: SENT outperformed RVV by 76.2% — measured on the RVV/SENT ratio, so it holds regardless of market direction.