IQ (IQ) is 1342.3× the size of DexGame (DXGM) by market capitalisation. Over the past 1 year, IQ is ahead by 23.1 percentage points (DXGM -86.0% against IQ -62.9%). Their daily returns move barely together (correlation 0.01 across 362 shared trading days). DXGM has been the more volatile of the two, at 298% annualised against IQ's 62%.
DXGMIQ
0.01over 362 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 | DXGM | IQ |
|---|---|---|
| Max drawdown (400d) | -95.8% | -82.2% |
| Risk-adjusted return (90d) | -0.22 | 0.13 |
| Best 30 days (past year) | — | +68.1% |
| Worst 30 days (past year) | — | -34.4% |
Relative strength over 90 days: IQ outperformed DXGM by 93.1% — measured on the DXGM/IQ ratio, so it holds regardless of market direction.