Public Masterpiece Technology (PMT) is 6.6× the size of Eesee (ESE) by market capitalisation. Over the past 1 year, PMT is ahead by 29.4 percentage points (ESE -39.3% against PMT -9.9%). Their daily returns move barely together (correlation 0.03 across 371 shared trading days). ESE has been the more volatile of the two, at 271% annualised against PMT's 7%.
$0.097069
ESEPMT
0.03over 371 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 | ESE | PMT |
|---|---|---|
| Max drawdown (400d) | -88.8% | -14.5% |
| Risk-adjusted return (90d) | -0.43 | -0.87 |
| Best 30 days (past year) | +563.6% | +3.2% |
| Worst 30 days (past year) | -62.3% | -3.9% |
Relative strength over 90 days: PMT outperformed ESE by 47.2% — measured on the ESE/PMT ratio, so it holds regardless of market direction.