Vision (VSN) is 2235.4× the size of GKHAN (GKN) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.43 across 34 shared trading days). GKN has been the more volatile of the two, at 386% annualised against VSN's 39%.
GKNVSN
-0.43over 34 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 | GKN | VSN |
|---|---|---|
| Max drawdown (400d) | -97.6% | -21.2% |
| Risk-adjusted return (90d) | -0.18 | -0.01 |
Relative strength over 90 days: GKN outperformed VSN by 21.6% — measured on the GKN/VSN ratio, so it holds regardless of market direction.