Shentu (CTK) is 71.7× the size of Biometric Financial (BIOFI) by market capitalisation. Over the past 1 year, CTK is ahead by 1.3 percentage points (BIOFI -68.4% against CTK -67.1%). Their daily returns move barely together (correlation 0.32 across 373 shared trading days). BIOFI has been the more volatile of the two, at 117% annualised against CTK's 68%.
BIOFICTK
0.32over 373 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 | BIOFI | CTK |
|---|---|---|
| Max drawdown (400d) | -79.4% | -77.5% |
| Risk-adjusted return (90d) | -0.40 | -0.12 |
| Best 30 days (past year) | +70.6% | +29.5% |
| Worst 30 days (past year) | -54.2% | -38.9% |
Relative strength over 90 days: CTK outperformed BIOFI by 31.2% — measured on the BIOFI/CTK ratio, so it holds regardless of market direction.