Shiba Inu (SHIB) is 9305.6× the size of BOBER (BOBER) by market capitalisation. Over the past 1 year, SHIB is ahead by 28.5 percentage points (BOBER -75.0% against SHIB -46.6%). Their daily returns move loosely together (correlation 0.46 across 373 shared trading days). BOBER has been the more volatile of the two, at 121% annualised against SHIB's 69%.
BOBERSHIB
0.46over 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 | BOBER | SHIB |
|---|---|---|
| Max drawdown (400d) | -81.9% | -68.0% |
| Risk-adjusted return (90d) | -0.09 | 0.01 |
| Best 30 days (past year) | +177.4% | +39.1% |
| Worst 30 days (past year) | -66.6% | -38.4% |
Relative strength over 90 days: SHIB outperformed BOBER by 22.4% — measured on the BOBER/SHIB ratio, so it holds regardless of market direction.