Elephant Money (TRUNK) vs apyUSD

apyUSD (APYUSD) is 36.6× the size of Elephant Money (TRUNK) (TRUNK) by market capitalisation. Over the past 30 days, APYUSD is ahead by 7.4 percentage points (TRUNK -3.7% against APYUSD +3.6%). Their daily returns move barely together (correlation 0.27 across 31 shared trading days). TRUNK has been the more volatile of the two, at 16% annualised against APYUSD's 14%.

Correlation: 0.27
Size ratio: 1 : 36.6
Ahead over 30 days: APYUSD

Elephant Money (TRUNK)TRUNK

$0.033342

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

apyUSDAPYUSD

$1.4200

24h: -0.07%
Market cap: $152.40M
Volume 24h: $1.62M
Volatility (ann.): 14%

TRUNK 2.7%Share of the two combined market caps97.3% APYUSD

Performance

TRUNKAPYUSD

7 days-4.11%+0.71%APYUSD
30 days-3.71%+3.65%APYUSD

Correlation

0.27over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	APYUSD
Max drawdown (400d)	-4.9%	-2.8%
Risk-adjusted return (90d)	-0.16	0.62

Relative strength over 90 days: APYUSD outperformed TRUNK by 6.1% — measured on the TRUNK/APYUSD ratio, so it holds regardless of market direction.

Elephant Money (TRUNK) →apyUSD →