BLUE CHIP vs Brett

Brett (BRETT) is 12.6× the size of BLUE CHIP (BLUECHIP) by market capitalisation. Over the past 30 days, BRETT is ahead by 85.3 percentage points (BLUECHIP -100.0% against BRETT -14.7%). Their daily returns move loosely together (correlation 0.42 across 21 shared trading days). BLUECHIP has been the more volatile of the two, at 480% annualised against BRETT's 101%.

Correlation: 0.42
Size ratio: 1 : 12.6
Ahead over 30 days: BRETT

BLUE CHIPBLUECHIP

$0.003423

24h: -7.54%
Market cap: $3.42M
Volume 24h: $687,641
Volatility (ann.): 480%

BrettBRETT

$0.004346

24h: +3.40%
Market cap: $43.03M
Volume 24h: $4.36M
Volatility (ann.): 101%

BLUECHIP 7.4%Share of the two combined market caps92.6% BRETT

Performance

BLUECHIPBRETT

7 days-99.98%-10.22%BRETT
30 days-99.99%-14.67%BRETT

Correlation

0.42over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	BLUECHIP	BRETT
Max drawdown (400d)	-100.0%	-31.9%
Risk-adjusted return (90d)	-0.21	-0.07

Relative strength over 90 days: BRETT outperformed BLUECHIP by 100.0% — measured on the BLUECHIP/BRETT ratio, so it holds regardless of market direction.

BLUE CHIP →Brett →