Claudechan (CLAUDECHAN) and Cartoon Money (CBUCKS) compared side by side. Over the past 30 days, CBUCKS is ahead by 1341.8 percentage points (CLAUDECHAN -58.4% against CBUCKS +1283.4%). Their daily returns move loosely together (correlation 0.49 across 21 shared trading days). CBUCKS has been the more volatile of the two, at 1164% annualised against CLAUDECHAN's 406%.
CLAUDECHANCBUCKS
0.49over 21 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 | CLAUDECHAN | CBUCKS |
|---|---|---|
| Max drawdown (400d) | -73.1% | -46.1% |
| Risk-adjusted return (90d) | -0.14 | 4.74 |
Relative strength over 90 days: CBUCKS outperformed CLAUDECHAN by 98.5% — measured on the CLAUDECHAN/CBUCKS ratio, so it holds regardless of market direction.