Comtech Gold vs Goldfish Gold

Goldfish Gold (GGBR) is 27.1× the size of Comtech Gold (CGO) by market capitalisation. Over the past 30 days, GGBR is ahead by 5.2 percentage points (CGO -6.9% against GGBR -1.7%). Their daily returns move barely together (correlation 0.23 across 23 shared trading days). GGBR has been the more volatile of the two, at 41% annualised against CGO's 22%.

Correlation: 0.23
Size ratio: 1 : 27.1
Ahead over 30 days: GGBR

Comtech GoldCGO

$126.9800

24h: -0.17%
Market cap: $3.05M
Volume 24h: $844,226
Volatility (ann.): 22%

Goldfish GoldGGBR

$4.0500

24h: +2.61%
Market cap: $82.49M
Volume 24h: $97,638
Volatility (ann.): 41%

CGO 3.6%Share of the two combined market caps96.4% GGBR

Performance

CGOGGBR

7 days-5.69%-2.96%GGBR
30 days-6.95%-1.75%GGBR

Correlation

0.23over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	CGO	GGBR
Max drawdown (400d)	-8.2%	-16.6%
Risk-adjusted return (90d)	-0.31	-0.23

Relative strength over 90 days: CGO outperformed GGBR by 0.8% — measured on the CGO/GGBR ratio, so it holds regardless of market direction.

Comtech Gold →Goldfish Gold →