Howl.fi vs torch

torch (TORCH) is 158.0× the size of Howl.fi (HOWL) by market capitalisation. Over the past 30 days, TORCH is ahead by 41.9 percentage points (HOWL -31.9% against TORCH +10.0%). Their daily returns move barely in opposite directions (correlation -0.02 across 32 shared trading days). TORCH has been the more volatile of the two, at 1513083% annualised against HOWL's 763%.

Correlation: -0.02
Size ratio: 1 : 158.0
Ahead over 30 days: TORCH

Howl.fiHOWL

$1.655e-5

24h: -36.50%
Market cap: $16,561
Volume 24h: $900
Volatility (ann.): 763%

torchTORCH

$0.002616

24h: -27.90%
Market cap: $2.62M
Volume 24h: $275,417
Volatility (ann.): 1513083%

HOWL 0.6%Share of the two combined market caps99.4% TORCH

Performance

HOWLTORCH

7 days-37.14%-65.04%HOWL
30 days-31.89%+9.97%TORCH

Correlation

-0.02over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	HOWL	TORCH
Max drawdown (400d)	-77.7%	-100.0%
Risk-adjusted return (90d)	0.00	0.00

Relative strength over 90 days: TORCH outperformed HOWL by 46.9% — measured on the HOWL/TORCH ratio, so it holds regardless of market direction.

Howl.fi →torch →