XRP (XRP) is 8826.7× the size of Gunz (GUN) by market capitalisation. Over the past 1 year, XRP is ahead by 44.2 percentage points (GUN -85.0% against XRP -40.8%). Their daily returns move barely together (correlation 0.33 across 399 shared trading days). GUN has been the more volatile of the two, at 142% annualised against XRP's 65%.
GUNXRP
0.33over 399 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 | GUN | XRP |
|---|---|---|
| Max drawdown (400d) | -94.4% | -67.3% |
| Risk-adjusted return (90d) | -0.40 | 0.37 |
| Best 30 days (past year) | +210.6% | +41.9% |
| Worst 30 days (past year) | -62.4% | -47.3% |
Relative strength over 90 days: XRP outperformed GUN by 47.1% — measured on the GUN/XRP ratio, so it holds regardless of market direction.