Ember Gold vs Goldfish Gold

Goldfish Gold (GGBR) is 192.6× the size of Ember Gold (EXAU) by market capitalisation. Over the past 30 days, GGBR is ahead by 3.1 percentage points (EXAU -3.4% against GGBR -0.2%). Their daily returns move barely together (correlation 0.12 across 21 shared trading days). GGBR has been the more volatile of the two, at 41% annualised against EXAU's 22%.

Correlation: 0.12
Size ratio: 1 : 192.6
Ahead over 30 days: GGBR

Ember GoldEXAU

$4,126.83

24h: +4.65%
Market cap: $435,594
Volume 24h: $2.42M
Volatility (ann.): 22%

Goldfish GoldGGBR

$4.1100

24h: +2.15%
Market cap: $83.88M
Volume 24h: $106,162
Volatility (ann.): 41%

EXAU 0.5%Share of the two combined market caps99.5% GGBR

Performance

EXAUGGBR

7 days-2.24%+0.50%GGBR
30 days-3.39%-0.25%GGBR

Correlation

0.12over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	EXAU	GGBR
Max drawdown (400d)	-7.7%	-16.6%
Risk-adjusted return (90d)	-0.15	-0.17

Relative strength over 90 days: GGBR outperformed EXAU by 3.6% — measured on the EXAU/GGBR ratio, so it holds regardless of market direction.

Ember Gold →Goldfish Gold →