Grass (GRASS) is 11264.0× the size of Comput3 (COM) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.09 across 40 shared trading days). Both have run at a similar volatility, around 207% annualised.
COMGRASS
-0.09over 40 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 | COM | GRASS |
|---|---|---|
| Max drawdown (400d) | -85.6% | -25.3% |
| Risk-adjusted return (90d) | -0.21 | 0.36 |
Relative strength over 90 days: GRASS outperformed COM by 57.5% — measured on the COM/GRASS ratio, so it holds regardless of market direction.