DIARHEA (DIARHEA) and Three (THREE) compared side by side. Over the past 30 days, DIARHEA is ahead by 9.6 percentage points (DIARHEA -81.5% against THREE -91.1%). Their daily returns move barely together (correlation 0.21 across 23 shared trading days). Both have run at a similar volatility, around 381% annualised.
DIARHEATHREE
0.21over 23 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 | DIARHEA | THREE |
|---|---|---|
| Max drawdown (400d) | -93.5% | -91.1% |
| Risk-adjusted return (90d) | -0.24 | -0.24 |
Relative strength over 90 days: DIARHEA outperformed THREE by 87.1% — measured on the DIARHEA/THREE ratio, so it holds regardless of market direction.