Litecoin (LTC) is 40786.1× the size of The Game Company (GMRT) by market capitalisation. Over the past 1 year, LTC is ahead by 63.8 percentage points (GMRT -97.7% against LTC -34.0%). Their daily returns move barely together (correlation 0.02 across 366 shared trading days). GMRT has been the more volatile of the two, at 669% annualised against LTC's 62%.
GMRTLTC
0.02over 366 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 | GMRT | LTC |
|---|---|---|
| Max drawdown (400d) | -100.0% | -67.5% |
| Risk-adjusted return (90d) | -0.11 | 0.38 |
| Best 30 days (past year) | +2074.3% | +45.4% |
| Worst 30 days (past year) | -99.0% | -39.5% |
Relative strength over 90 days: LTC outperformed GMRT by 99.9% — measured on the GMRT/LTC ratio, so it holds regardless of market direction.