Routine Coin (ROU) is 1.5× the size of Dmarketplace ($DMP) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 22 shared trading days). ROU has been the more volatile of the two, at 1004% annualised against $DMP's 129%.
$DMPROU
0.03over 22 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 | $DMP | ROU |
|---|---|---|
| Max drawdown (400d) | -25.7% | -92.5% |
| Risk-adjusted return (90d) | 0.04 | -0.08 |
Relative strength over 90 days: $DMP outperformed ROU by 294.2% — measured on the $DMP/ROU ratio, so it holds regardless of market direction.