TROLL (TROLL) is 1328.2× the size of I Choose Rich Everytime (NICK) by market capitalisation. Their daily returns move barely together (correlation 0.32 across 34 shared trading days). TROLL has been the more volatile of the two, at 195% annualised against NICK's 135%.
NICKTROLL
0.32over 34 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 | NICK | TROLL |
|---|---|---|
| Max drawdown (400d) | -68.0% | -61.0% |
| Risk-adjusted return (90d) | -0.12 | -0.21 |
Relative strength over 90 days: NICK outperformed TROLL by 81.9% — measured on the NICK/TROLL ratio, so it holds regardless of market direction.