Amp (AMP) is 206.7× the size of Choise.ai (CHO) by market capitalisation. Over the past 1 year, AMP is ahead by 17.4 percentage points (CHO -87.3% against AMP -70.0%). Their daily returns move barely together (correlation 0.14 across 373 shared trading days). CHO has been the more volatile of the two, at 184% annualised against AMP's 97%.
CHOAMP
0.14over 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 | CHO | AMP |
|---|---|---|
| Max drawdown (400d) | -94.2% | -88.8% |
| Risk-adjusted return (90d) | -0.19 | 0.45 |
| Best 30 days (past year) | +164.1% | +89.6% |
| Worst 30 days (past year) | -78.1% | -45.8% |
Relative strength over 90 days: AMP outperformed CHO by 74.1% — measured on the CHO/AMP ratio, so it holds regardless of market direction.