Gatto ($GATTO) and Cartoon Money (CBUCKS) compared side by side. Over the past 30 days, CBUCKS is ahead by 9003.1 percentage points ($GATTO +90.9% against CBUCKS +9094.0%). Their daily returns move barely together (correlation 0.01 across 26 shared trading days). $GATTO has been the more volatile of the two, at 2499% annualised against CBUCKS's 1196%.
$GATTOCBUCKS
0.01over 26 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 | $GATTO | CBUCKS |
|---|---|---|
| Max drawdown (400d) | -85.2% | -36.0% |
| Risk-adjusted return (90d) | 0.01 | 7.64 |
Relative strength over 90 days: CBUCKS outperformed $GATTO by 97.8% — measured on the $GATTO/CBUCKS ratio, so it holds regardless of market direction.