CRO BIG BROTHER (BRO) and Ultra Cat (ULTCAT) compared side by side. Over the past 30 days, ULTCAT is ahead by 63.7 percentage points (BRO -87.9% against ULTCAT -24.3%). Their daily returns move loosely together (correlation 0.41 across 33 shared trading days). Both have run at a similar volatility, around 601% annualised.
BROULTCAT
0.41over 33 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 | BRO | ULTCAT |
|---|---|---|
| Max drawdown (400d) | -96.6% | -57.1% |
| Risk-adjusted return (90d) | -0.14 | 0.27 |
Relative strength over 90 days: ULTCAT outperformed BRO by 95.9% — measured on the BRO/ULTCAT ratio, so it holds regardless of market direction.