Friends With Benefits Pro [OLD] vs GAL (migrated to Gravity - G)

GAL (migrated to Gravity - G) (GAL) is 640.3× the size of Friends With Benefits Pro [OLD] (FWB) by market capitalisation. Over the past 30 days, FWB is ahead by 0.9 percentage points (FWB -17.1% against GAL -18.0%). Their daily returns move barely together (correlation 0.02 across 30 shared trading days). GAL has been the more volatile of the two, at 426% annualised against FWB's 33%.

Correlation: 0.02
Size ratio: 1 : 640.3
Ahead over 30 days: FWB

Friends With Benefits Pro [OLD]FWB

$0.095395

24h: —
Market cap: $94,352
Volume 24h: —
Volatility (ann.): 33%

GAL (migrated to Gravity - G)GAL

$2.5420

24h: +0.06%
Market cap: $60.42M
Volume 24h: $72
Volatility (ann.): 426%

FWB 0.2%Share of the two combined market caps99.8% GAL

Performance

FWBGAL

7 days-2.46%-8.33%FWB
30 days-17.11%-17.97%FWB

Correlation

0.02over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	FWB	GAL
Max drawdown (400d)	-19.3%	-64.9%
Risk-adjusted return (90d)	-0.53	-0.05

Relative strength over 90 days: FWB outperformed GAL by 0.5% — measured on the FWB/GAL ratio, so it holds regardless of market direction.

Friends With Benefits Pro [OLD] →GAL (migrated to Gravity - G) →