Galeon (GALEON) is 5.7× the size of CTOC (CTOC) by market capitalisation. Over the past 30 days, CTOC is ahead by 40.7 percentage points (CTOC +0.0% against GALEON -40.7%). Their daily returns move barely together (correlation 0.23 across 33 shared trading days). GALEON has been the more volatile of the two, at 102% annualised against CTOC's 11%.
CTOCGALEON
0.23over 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 | CTOC | GALEON |
|---|---|---|
| Max drawdown (400d) | -2.5% | -44.4% |
| Risk-adjusted return (90d) | 0.02 | -0.32 |
Relative strength over 90 days: CTOC outperformed GALEON by 54.0% — measured on the CTOC/GALEON ratio, so it holds regardless of market direction.