Aster (ASTER) is 5.6× the size of Falcon Finance (FF) by market capitalisation. Over the past 1 year, FF is ahead by 4.1 percentage points (FF -23.6% against ASTER -27.7%). Their daily returns move barely together (correlation 0.26 across 395 shared trading days). FF has been the more volatile of the two, at 122% annualised against ASTER's 90%.
FFASTER
0.26over 395 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 | FF | ASTER |
|---|---|---|
| Max drawdown (400d) | -69.7% | -77.3% |
| Risk-adjusted return (90d) | 0.37 | 0.35 |
| Best 30 days (past year) | +157.9% | +47.6% |
| Worst 30 days (past year) | -42.6% | -51.6% |
Relative strength over 90 days: FF outperformed ASTER by 19.1% — measured on the FF/ASTER ratio, so it holds regardless of market direction.