Chainlink (LINK) is 260855.3× the size of FalkorDB (FLKR) by market capitalisation. Their daily returns move barely together (correlation 0.18 across 36 shared trading days). LINK has been the more volatile of the two, at 71% annualised against FLKR's 42%.
FLKRLINK
0.18over 36 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 | FLKR | LINK |
|---|---|---|
| Max drawdown (400d) | -13.0% | -69.2% |
| Risk-adjusted return (90d) | -0.02 | 0.40 |
| Best 30 days (past year) | — | +61.6% |
| Worst 30 days (past year) | — | -43.6% |
Relative strength over 90 days: FLKR outperformed LINK by 33.5% — measured on the FLKR/LINK ratio, so it holds regardless of market direction.