AVA (Travala) (AVA) is 59.2× the size of Dtravel (TRVL) by market capitalisation. Over the past 1 year, AVA is ahead by 76.2 percentage points (AVA -14.1% against TRVL -90.3%). Their daily returns move barely together (correlation 0.10 across 373 shared trading days). Both have run at a similar volatility, around 117% annualised.
AVATRVL
0.10over 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 | AVA | TRVL |
|---|---|---|
| Max drawdown (400d) | -72.4% | -93.0% |
| Risk-adjusted return (90d) | 0.30 | 0.00 |
| Best 30 days (past year) | +89.0% | +30.9% |
| Worst 30 days (past year) | -42.0% | -64.6% |
Relative strength over 90 days: AVA outperformed TRVL by 69.5% — measured on the AVA/TRVL ratio, so it holds regardless of market direction.