Aster (ASTER) is 91979.9× the size of Hedget (HGET) by market capitalisation. Over the past 1 year, ASTER is ahead by 52.1 percentage points (HGET -79.8% against ASTER -27.7%). Their daily returns move barely in opposite directions (correlation -0.00 across 369 shared trading days). HGET has been the more volatile of the two, at 127% annualised against ASTER's 90%.
HGETASTER
-0.00over 369 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 | HGET | ASTER |
|---|---|---|
| Max drawdown (400d) | -88.0% | -77.3% |
| Risk-adjusted return (90d) | -0.71 | 0.35 |
| Best 30 days (past year) | +47.1% | +47.6% |
| Worst 30 days (past year) | -81.7% | -51.6% |
Relative strength over 90 days: ASTER outperformed HGET by 88.1% — measured on the HGET/ASTER ratio, so it holds regardless of market direction.