Chill Hamster (HAMSTER) and Achi (ACH) compared side by side. Over the past 1 year, ACH is ahead by 12.7 percentage points (HAMSTER -78.2% against ACH -65.5%). Their daily returns move barely together (correlation 0.10 across 356 shared trading days). HAMSTER has been the more volatile of the two, at 329% annualised against ACH's 81%.
HAMSTERACH
0.10over 356 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 | HAMSTER | ACH |
|---|---|---|
| Max drawdown (400d) | -86.3% | -78.0% |
| Risk-adjusted return (90d) | 0.04 | 0.05 |
| Best 30 days (past year) | — | +62.8% |
| Worst 30 days (past year) | — | -41.8% |
Relative strength over 90 days: ACH outperformed HAMSTER by 11.1% — measured on the HAMSTER/ACH ratio, so it holds regardless of market direction.