Compound (COMP) is 883.9× the size of Celsius Network (CEL) by market capitalisation. Over the past 1 year, COMP is ahead by 54.4 percentage points (CEL -88.4% against COMP -34.1%). Their daily returns move barely together (correlation 0.13 across 373 shared trading days). CEL has been the more volatile of the two, at 204% annualised against COMP's 80%.
CELCOMP
0.13over 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 | CEL | COMP |
|---|---|---|
| Max drawdown (400d) | -95.6% | -65.4% |
| Risk-adjusted return (90d) | -0.19 | 0.33 |
| Best 30 days (past year) | +128.7% | +41.3% |
| Worst 30 days (past year) | -72.0% | -40.7% |
Relative strength over 90 days: COMP outperformed CEL by 54.3% — measured on the CEL/COMP ratio, so it holds regardless of market direction.