Atoshi (ATOS) is 563.9× the size of harmonybot (CHAOS) by market capitalisation. Their daily returns move closely together (correlation 0.75 across 26 shared trading days). ATOS has been the more volatile of the two, at 129% annualised against CHAOS's 94%.
CHAOSATOS
0.75over 26 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 | CHAOS | ATOS |
|---|---|---|
| Max drawdown (400d) | -64.9% | -50.7% |
| Risk-adjusted return (90d) | -0.16 | -0.12 |
Relative strength over 90 days: ATOS outperformed CHAOS by 27.2% — measured on the CHAOS/ATOS ratio, so it holds regardless of market direction.