DIN (DIN) and Kite (KITE) compared side by side. Over the past 1 year, KITE is ahead by 115.7 percentage points (DIN -61.4% against KITE +54.3%). Their daily returns move barely in opposite directions (correlation -0.15 across 331 shared trading days). DIN has been the more volatile of the two, at 352% annualised against KITE's 121%.
DINKITE
-0.15over 331 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 | DIN | KITE |
|---|---|---|
| Max drawdown (400d) | -98.1% | -69.5% |
| Risk-adjusted return (90d) | -0.40 | 0.19 |
| Best 30 days (past year) | — | +151.2% |
| Worst 30 days (past year) | — | -55.6% |
Relative strength over 90 days: KITE outperformed DIN by 91.8% — measured on the DIN/KITE ratio, so it holds regardless of market direction.