Sentient (SENT) is 72.0× the size of CreatorBid (BID) by market capitalisation. Their daily returns move barely together (correlation 0.20 across 40 shared trading days). SENT has been the more volatile of the two, at 119% annualised against BID's 63%.
BIDSENT
0.20over 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 | BID | SENT |
|---|---|---|
| Max drawdown (400d) | -27.9% | -75.8% |
| Risk-adjusted return (90d) | -0.43 | 0.44 |
Relative strength over 90 days: SENT outperformed BID by 53.0% — measured on the BID/SENT ratio, so it holds regardless of market direction.