CEEK Smart VR (CEEK) is 1.8× the size of StarLink (STARL) by market capitalisation. Their daily returns move loosely together (correlation 0.44 across 29 shared trading days). Both have run at a similar volatility, around 77% annualised.
CEEKSTARL
0.44over 29 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 | CEEK | STARL |
|---|---|---|
| Max drawdown (400d) | -75.0% | -20.8% |
| Risk-adjusted return (90d) | 0.31 | -0.11 |
Relative strength over 90 days: STARL outperformed CEEK by 6.8% — measured on the CEEK/STARL ratio, so it holds regardless of market direction.