Hunter Biden's Laptop (LAPTOP) is 43.9× the size of Base Juice (BASEJUICE) by market capitalisation. Their daily returns move loosely together (correlation 0.38 across 20 shared trading days). BASEJUICE has been the more volatile of the two, at 654% annualised against LAPTOP's 191%.
$0.043825
BASEJUICELAPTOP
0.38over 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 | BASEJUICE | LAPTOP |
|---|---|---|
| Max drawdown (400d) | -87.2% | -60.9% |
| Risk-adjusted return (90d) | -0.09 | -0.30 |
Relative strength over 90 days: LAPTOP outperformed BASEJUICE by 3.0% — measured on the BASEJUICE/LAPTOP ratio, so it holds regardless of market direction.