Fulcrom vs Derive

Derive (DRV) is 190.4× the size of Fulcrom (FUL) by market capitalisation. Over the past 30 days, DRV is ahead by 145.0 percentage points (FUL -31.1% against DRV +113.9%). Their daily returns move loosely together (correlation 0.53 across 31 shared trading days). DRV has been the more volatile of the two, at 596% annualised against FUL's 120%.

Correlation: 0.53
Size ratio: 1 : 190.4
Ahead over 30 days: DRV

FulcromFUL

$0.000777

24h: -0.38%
Market cap: $1.85M
Volume 24h: $1,283
Volatility (ann.): 120%

DeriveDRV

$0.330933

24h: +9.82%
Market cap: $351.54M
Volume 24h: $5.99M
Volatility (ann.): 596%

FUL 0.5%Share of the two combined market caps99.5% DRV

Performance

FULDRV

7 days-4.54%-12.47%FUL
30 days-31.10%+113.87%DRV

Correlation

0.53over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5390d: 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	FUL	DRV
Max drawdown (400d)	-38.6%	-32.6%
Risk-adjusted return (90d)	-0.32	0.40

Relative strength over 90 days: DRV outperformed FUL by 69.3% — measured on the FUL/DRV ratio, so it holds regardless of market direction.

Fulcrom →Derive →