Artificial Superintelligence Alliance (FET) is 11885.2× the size of Cra Agent (CRA) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.14 across 28 shared trading days). CRA has been the more volatile of the two, at 430% annualised against FET's 118%.
$0.180100
CRAFET
-0.14over 28 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 | CRA | FET |
|---|---|---|
| Max drawdown (400d) | -89.9% | -80.0% |
| Risk-adjusted return (90d) | -0.19 | 0.31 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: FET outperformed CRA by 76.4% — measured on the CRA/FET ratio, so it holds regardless of market direction.