Kite (KITE) is 23278.7× the size of GeorgiaAI (GEAI) by market capitalisation. Their daily returns move barely together (correlation 0.07 across 163 shared trading days). GEAI has been the more volatile of the two, at 218% annualised against KITE's 121%.
GEAIKITE
0.07over 163 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 | GEAI | KITE |
|---|---|---|
| Max drawdown (400d) | -91.4% | -69.5% |
| Risk-adjusted return (90d) | -0.43 | 0.13 |
| Best 30 days (past year) | — | +151.2% |
| Worst 30 days (past year) | — | -55.6% |
Relative strength over 90 days: KITE outperformed GEAI by 66.9% — measured on the GEAI/KITE ratio, so it holds regardless of market direction.