FLOKI (FLOKI) is 11.2× the size of Capybobo (PYBOBO) by market capitalisation. Over the past 1 year, PYBOBO is ahead by 29.1 percentage points (PYBOBO -33.7% against FLOKI -62.8%). Their daily returns move barely together (correlation 0.01 across 320 shared trading days). Both have run at a similar volatility, around 91% annualised.
PYBOBOFLOKI
0.01over 320 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 | PYBOBO | FLOKI |
|---|---|---|
| Max drawdown (400d) | -63.1% | -80.7% |
| Risk-adjusted return (90d) | -0.45 | 0.10 |
| Best 30 days (past year) | — | +35.0% |
| Worst 30 days (past year) | — | -50.0% |
Relative strength over 90 days: FLOKI outperformed PYBOBO by 40.3% — measured on the PYBOBO/FLOKI ratio, so it holds regardless of market direction.