Genius (GENIUS) is 249.2× the size of Blocktronics (BLOCKTRONICS) by market capitalisation. Their daily returns move barely together (correlation 0.01 across 40 shared trading days). BLOCKTRONICS has been the more volatile of the two, at 208% annualised against GENIUS's 95%.
BLOCKTRONICSGENIUS
0.01over 40 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 | BLOCKTRONICS | GENIUS |
|---|---|---|
| Max drawdown (400d) | -42.9% | -61.7% |
| Risk-adjusted return (90d) | 0.05 | -0.15 |
Relative strength over 90 days: BLOCKTRONICS outperformed GENIUS by 3.6% — measured on the BLOCKTRONICS/GENIUS ratio, so it holds regardless of market direction.