ChimpStrategy vs Fake World Assets

Fake World Assets (FWA) is 4.0× the size of ChimpStrategy (CHMPSTR) by market capitalisation. Over the past 30 days, CHMPSTR is ahead by 12.9 percentage points (CHMPSTR -40.2% against FWA -53.2%). Their daily returns move barely in opposite directions (correlation -0.09 across 39 shared trading days). FWA has been the more volatile of the two, at 363% annualised against CHMPSTR's 126%.

Correlation: -0.09
Size ratio: 1 : 4.0
Ahead over 30 days: CHMPSTR

ChimpStrategyCHMPSTR

$0.001369

24h: +0.73%
Market cap: $1.13M
Volume 24h: $20
Volatility (ann.): 126%

Fake World AssetsFWA

$0.004599

24h: -0.32%
Market cap: $4.55M
Volume 24h: $46,189
Volatility (ann.): 363%

CHMPSTR 19.9%Share of the two combined market caps80.1% FWA

Performance

CHMPSTRFWA

7 days-8.50%-31.80%CHMPSTR
30 days-40.25%-53.18%CHMPSTR

Correlation

-0.09over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	CHMPSTR	FWA
Max drawdown (400d)	-51.3%	-80.2%
Risk-adjusted return (90d)	-0.34	-0.20

Relative strength over 90 days: CHMPSTR outperformed FWA by 89.9% — measured on the CHMPSTR/FWA ratio, so it holds regardless of market direction.

ChimpStrategy →Fake World Assets →