Highstreet (HIGH) and Sui (SUI) compared side by side. Over the past 1 year, SUI is ahead by 37.3 percentage points (HIGH -94.1% against SUI -56.8%). Their daily returns move barely together (correlation 0.28 across 373 shared trading days). HIGH has been the more volatile of the two, at 176% annualised against SUI's 89%.
HIGHSUI
0.28over 373 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 | HIGH | SUI |
|---|---|---|
| Max drawdown (400d) | -96.0% | -82.0% |
| Risk-adjusted return (90d) | -0.06 | 0.32 |
| Best 30 days (past year) | +136.1% | +69.9% |
| Worst 30 days (past year) | -81.8% | -53.6% |
Relative strength over 90 days: SUI outperformed HIGH by 24.8% — measured on the HIGH/SUI ratio, so it holds regardless of market direction.