Creta World (CRETA) and GALA (GALA) compared side by side. Over the past 1 year, CRETA is ahead by 38.8 percentage points (CRETA -42.5% against GALA -81.3%). Their daily returns move barely together (correlation 0.15 across 373 shared trading days). GALA has been the more volatile of the two, at 97% annualised against CRETA's 79%.
CRETAGALA
0.15over 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 | CRETA | GALA |
|---|---|---|
| Max drawdown (400d) | -70.4% | -91.5% |
| Risk-adjusted return (90d) | 0.13 | -0.06 |
| Best 30 days (past year) | +149.1% | +53.8% |
| Worst 30 days (past year) | -42.5% | -48.8% |
Relative strength over 90 days: CRETA outperformed GALA by 51.9% — measured on the CRETA/GALA ratio, so it holds regardless of market direction.