DoubleUp vs Jackpotter

Jackpotter ($JPT) is 3959.5× the size of DoubleUp (UP) by market capitalisation. Over the past 30 days, $JPT is ahead by 51.6 percentage points (UP -92.3% against $JPT -40.7%). Their daily returns move barely together (correlation 0.01 across 23 shared trading days). UP has been the more volatile of the two, at 368% annualised against $JPT's 89%.

Correlation: 0.01
Size ratio: 1 : 3959.5
Ahead over 30 days: $JPT

DoubleUpUP

$0.000160

24h: —
Market cap: $5,904
Volume 24h: —
Volatility (ann.): 368%

Jackpotter$JPT

$0.023390

24h: -0.10%
Market cap: $23.38M
Volume 24h: $19
Volatility (ann.): 89%

UP 0.0%Share of the two combined market caps100.0% $JPT

Performance

UP$JPT

7 days-15.28%+0.45%$JPT
30 days-92.30%-40.71%$JPT

Correlation

0.01over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	UP	$JPT
Max drawdown (400d)	-93.6%	-46.5%
Risk-adjusted return (90d)	-0.25	-0.47

Relative strength over 90 days: $JPT outperformed UP by 86.1% — measured on the UP/$JPT ratio, so it holds regardless of market direction.

DoubleUp →Jackpotter →