The Graph (GRT) is 536.1× the size of Dtravel (TRVL) by market capitalisation. Over the past 1 year, GRT is ahead by 24.9 percentage points (TRVL -90.3% against GRT -65.4%). Their daily returns move loosely together (correlation 0.41 across 373 shared trading days). TRVL has been the more volatile of the two, at 113% annualised against GRT's 85%.
TRVLGRT
0.41over 373 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 | TRVL | GRT |
|---|---|---|
| Max drawdown (400d) | -93.0% | -85.1% |
| Risk-adjusted return (90d) | 0.00 | 0.30 |
| Best 30 days (past year) | +30.9% | +115.0% |
| Worst 30 days (past year) | -64.6% | -41.8% |
Relative strength over 90 days: GRT outperformed TRVL by 9.7% — measured on the TRVL/GRT ratio, so it holds regardless of market direction.