FLOKI (FLOKI) is 985.7× the size of GOATS (GOATS) by market capitalisation. Over the past 1 year, GOATS is ahead by 44.9 percentage points (GOATS -18.0% against FLOKI -62.8%). Their daily returns move barely in opposite directions (correlation -0.06 across 367 shared trading days). GOATS has been the more volatile of the two, at 485% annualised against FLOKI's 89%.
GOATSFLOKI
-0.06over 367 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 | GOATS | FLOKI |
|---|---|---|
| Max drawdown (400d) | -93.3% | -80.7% |
| Risk-adjusted return (90d) | -0.05 | 0.10 |
| Best 30 days (past year) | +464.3% | +35.0% |
| Worst 30 days (past year) | -83.7% | -50.0% |
Relative strength over 90 days: FLOKI outperformed GOATS by 40.8% — measured on the GOATS/FLOKI ratio, so it holds regardless of market direction.