Hunter Biden's Laptop (LAPTOP) is 9.1× the size of Base God (TYBG) by market capitalisation. Their daily returns move closely together (correlation 0.74 across 20 shared trading days). Both have run at a similar volatility, around 203% annualised.
$0.043114
TYBGLAPTOP
0.74over 20 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 | TYBG | LAPTOP |
|---|---|---|
| Max drawdown (400d) | -60.5% | -60.9% |
| Risk-adjusted return (90d) | -0.24 | -0.30 |
Relative strength over 90 days: TYBG outperformed LAPTOP by 57.9% — measured on the TYBG/LAPTOP ratio, so it holds regardless of market direction.