FLOKI (FLOKI) is 3818.3× the size of Geez PNutz (PNUTZ) by market capitalisation. Their daily returns move closely together (correlation 0.64 across 30 shared trading days). PNUTZ has been the more volatile of the two, at 119% annualised against FLOKI's 89%.
PNUTZFLOKI
0.64over 30 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 | PNUTZ | FLOKI |
|---|---|---|
| Max drawdown (400d) | -28.9% | -80.7% |
| Risk-adjusted return (90d) | -0.01 | 0.09 |
| Best 30 days (past year) | — | +35.0% |
| Worst 30 days (past year) | — | -50.0% |
Relative strength over 90 days: FLOKI outperformed PNUTZ by 10.4% — measured on the PNUTZ/FLOKI ratio, so it holds regardless of market direction.