ChimpStrategy vs PunkStrategy

PunkStrategy (PNKSTR) is 6.4× the size of ChimpStrategy (CHMPSTR) by market capitalisation. Over the past 30 days, PNKSTR is ahead by 64.1 percentage points (CHMPSTR -40.2% against PNKSTR +23.8%). Their daily returns move barely together (correlation 0.04 across 39 shared trading days). PNKSTR has been the more volatile of the two, at 216% annualised against CHMPSTR's 126%.

Correlation: 0.04
Size ratio: 1 : 6.4
Ahead over 30 days: PNKSTR

ChimpStrategyCHMPSTR

$0.001369

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

PunkStrategyPNKSTR

$0.008415

24h: -3.46%
Market cap: $7.18M
Volume 24h: $23,744
Volatility (ann.): 216%

CHMPSTR 13.6%Share of the two combined market caps86.4% PNKSTR

Performance

CHMPSTRPNKSTR

7 days-8.50%-9.74%CHMPSTR
30 days-40.25%+23.83%PNKSTR

Correlation

0.04over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	PNKSTR
Max drawdown (400d)	-51.3%	-53.5%
Risk-adjusted return (90d)	-0.34	0.06

Relative strength over 90 days: PNKSTR outperformed CHMPSTR by 48.1% — measured on the CHMPSTR/PNKSTR ratio, so it holds regardless of market direction.

ChimpStrategy →PunkStrategy →