Batching.AI (BATCH) and Alien Worlds (TLM) compared side by side. Over the past 1 year, TLM is ahead by 34.8 percentage points (BATCH -93.2% against TLM -58.4%). Their daily returns move barely together (correlation 0.08 across 364 shared trading days). BATCH has been the more volatile of the two, at 285% annualised against TLM's 142%.
BATCHTLM
0.08over 364 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 | BATCH | TLM |
|---|---|---|
| Max drawdown (400d) | -99.1% | -82.7% |
| Risk-adjusted return (90d) | -0.34 | -0.42 |
| Best 30 days (past year) | — | +199.0% |
| Worst 30 days (past year) | — | -54.1% |
Relative strength over 90 days: TLM outperformed BATCH by 84.6% — measured on the BATCH/TLM ratio, so it holds regardless of market direction.