C0scan (C0) and SolonPad (SOLON) compared side by side. Over the past 30 days, C0 is ahead by 58.7 percentage points (C0 -14.6% against SOLON -73.3%). Their daily returns move barely together (correlation 0.10 across 25 shared trading days). SOLON has been the more volatile of the two, at 454% annualised against C0's 24%.
C0SOLON
0.10over 25 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 | C0 | SOLON |
|---|---|---|
| Max drawdown (400d) | -14.6% | -77.8% |
| Risk-adjusted return (90d) | -0.61 | -0.13 |
Relative strength over 90 days: C0 outperformed SOLON by 71.6% — measured on the C0/SOLON ratio, so it holds regardless of market direction.