FLOKI (FLOKI) is 419.5× the size of GAME•OF•BITCOIN (GAMES) by market capitalisation. Over the past 1 year, GAMES is ahead by 25.5 percentage points (GAMES -34.6% against FLOKI -60.1%). Their daily returns move barely together (correlation 0.07 across 363 shared trading days). GAMES has been the more volatile of the two, at 156% annualised against FLOKI's 89%.
GAMESFLOKI
0.07over 363 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 | GAMES | FLOKI |
|---|---|---|
| Max drawdown (400d) | -82.8% | -80.7% |
| Risk-adjusted return (90d) | -0.49 | 0.09 |
| Best 30 days (past year) | — | +35.0% |
| Worst 30 days (past year) | — | -50.0% |
Relative strength over 90 days: FLOKI outperformed GAMES by 86.1% — measured on the GAMES/FLOKI ratio, so it holds regardless of market direction.