Go Game Token vs GMT
Go Game Token (GGT) and GMT (GMT) compared side by side. Their daily returns move closely together (correlation 0.76 across 34 shared trading days). Both have run at a similar volatility, around 84% annualised.
- Correlation
- 0.76
Go Game Token (GGT) and GMT (GMT) compared side by side. Their daily returns move closely together (correlation 0.76 across 34 shared trading days). Both have run at a similar volatility, around 84% annualised.
GGTGMT
0.76over 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 | GGT | GMT |
|---|---|---|
| Max drawdown (400d) | -32.8% | -85.5% |
| Risk-adjusted return (90d) | -0.37 | -0.04 |
| Best 30 days (past year) | — | +44.5% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: GMT outperformed GGT by 4.7% — measured on the GGT/GMT ratio, so it holds regardless of market direction.