Gasspas vs Brett

Brett (BRETT) is 156.7× the size of Gasspas (GASS) by market capitalisation. Over the past 30 days, BRETT is ahead by 1.5 percentage points (GASS -12.5% against BRETT -11.1%). Their daily returns move loosely together (correlation 0.42 across 31 shared trading days). BRETT has been the more volatile of the two, at 100% annualised against GASS's 76%.

Correlation: 0.42
Size ratio: 1 : 156.7
Ahead over 30 days: BRETT

GasspasGASS

$6.401e-10

24h: +7.31%
Market cap: $269,434
Volume 24h: $25,509
Volatility (ann.): 76%

BrettBRETT

$0.004266

24h: +4.73%
Market cap: $42.22M
Volume 24h: $4.12M
Volatility (ann.): 100%

GASS 0.6%Share of the two combined market caps99.4% BRETT

Performance

GASSBRETT

7 days-0.63%-10.73%GASS
30 days-12.53%-11.07%BRETT

Correlation

0.42over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	GASS	BRETT
Max drawdown (400d)	-34.7%	-31.9%
Risk-adjusted return (90d)	-0.39	-0.04

Relative strength over 90 days: BRETT outperformed GASS by 18.8% — measured on the GASS/BRETT ratio, so it holds regardless of market direction.

Gasspas →Brett →