Creta World (CRETA) and Portal (PORTAL) compared side by side. Over the past 1 year, PORTAL is ahead by 4.8 percentage points (CRETA -42.5% against PORTAL -37.7%). Their daily returns move barely together (correlation 0.08 across 373 shared trading days). PORTAL has been the more volatile of the two, at 215% annualised against CRETA's 79%.
CRETAPORTAL
0.08over 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 | PORTAL |
|---|---|---|
| Max drawdown (400d) | -70.4% | -80.9% |
| Risk-adjusted return (90d) | 0.13 | 0.12 |
| Best 30 days (past year) | +149.1% | +187.4% |
| Worst 30 days (past year) | -42.5% | -61.9% |
Relative strength over 90 days: PORTAL outperformed CRETA by 1.3% — measured on the CRETA/PORTAL ratio, so it holds regardless of market direction.