Notcoin (NOT) is 154.5× the size of GOATS (GOATS) by market capitalisation. Over the past 1 year, GOATS is ahead by 29.6 percentage points (GOATS -18.0% against NOT -47.6%). Their daily returns move barely in opposite directions (correlation -0.09 across 367 shared trading days). GOATS has been the more volatile of the two, at 485% annualised against NOT's 104%.
GOATSNOT
-0.09over 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 | NOT |
|---|---|---|
| Max drawdown (400d) | -93.3% | -80.0% |
| Risk-adjusted return (90d) | -0.05 | 0.00 |
| Best 30 days (past year) | +464.3% | +93.4% |
| Worst 30 days (past year) | -83.7% | -46.3% |
Relative strength over 90 days: NOT outperformed GOATS by 29.5% — measured on the GOATS/NOT ratio, so it holds regardless of market direction.