Drop Social vs GAL (migrated to Gravity - G)

GAL (migrated to Gravity - G) (GAL) is 50.6× the size of Drop Social (DROPS) by market capitalisation. Over the past 30 days, DROPS is ahead by 230.1 percentage points (DROPS +212.7% against GAL -17.4%). Their daily returns move loosely together (correlation 0.37 across 32 shared trading days). GAL has been the more volatile of the two, at 432% annualised against DROPS's 245%.

Correlation: 0.37
Size ratio: 1 : 50.6
Ahead over 30 days: DROPS

Drop SocialDROPS

$0.048368

24h: +0.60%
Market cap: $1.21M
Volume 24h: $7,730
Volatility (ann.): 245%

GAL (migrated to Gravity - G)GAL

$2.5420

24h: +1.96%
Market cap: $61.33M
Volume 24h: $41
Volatility (ann.): 432%

DROPS 1.9%Share of the two combined market caps98.1% GAL

Performance

DROPSGAL

7 days+62.73%-8.87%DROPS
30 days+212.68%-17.38%DROPS

Correlation

0.37over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 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	DROPS	GAL
Max drawdown (400d)	-34.1%	-64.9%
Risk-adjusted return (90d)	0.82	-0.05

Relative strength over 90 days: DROPS outperformed GAL by 263.4% — measured on the DROPS/GAL ratio, so it holds regardless of market direction.

Drop Social →GAL (migrated to Gravity - G) →