Elephant Money (TRUNK) vs 3Jane USD3

3Jane USD3 (USD3) is 27.9× the size of Elephant Money (TRUNK) (TRUNK) by market capitalisation. Over the past 30 days, USD3 is ahead by 4.6 percentage points (TRUNK -3.7% against USD3 +0.8%). Their daily returns move barely together (correlation 0.21 across 38 shared trading days). TRUNK has been the more volatile of the two, at 16% annualised against USD3's 12%.

Correlation: 0.21
Size ratio: 1 : 27.9
Ahead over 30 days: USD3

Elephant Money (TRUNK)TRUNK

$0.033342

24h: -0.00%
Market cap: $4.16M
Volume 24h: $5,610
Volatility (ann.): 16%

3Jane USD3USD3

$1.2000

24h: +0.18%
Market cap: $116.01M
Volume 24h: $192,876
Volatility (ann.): 12%

TRUNK 3.5%Share of the two combined market caps96.5% USD3

Performance

TRUNKUSD3

7 days-4.11%+0.00%USD3
30 days-3.71%+0.84%USD3

Correlation

0.21over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	TRUNK	USD3
Max drawdown (400d)	-4.9%	-0.8%
Risk-adjusted return (90d)	-0.16	0.22

Relative strength over 90 days: USD3 outperformed TRUNK by 5.1% — measured on the TRUNK/USD3 ratio, so it holds regardless of market direction.

Elephant Money (TRUNK) →3Jane USD3 →