Indie Creations vs GREEN MORNING

GREEN MORNING (GM) is 617.1× the size of Indie Creations (CREATIONS) by market capitalisation. Over the past 30 days, CREATIONS is ahead by 31.5 percentage points (CREATIONS -68.3% against GM -99.8%). Their daily returns move barely together (correlation 0.05 across 42 shared trading days). GM has been the more volatile of the two, at 548472% annualised against CREATIONS's 379%.

Correlation: 0.05
Size ratio: 1 : 617.1
Ahead over 30 days: CREATIONS

Indie CreationsCREATIONS

$1.018e-5

24h: -12.22%
Market cap: $5,039
Volume 24h: $264
Volatility (ann.): 379%

GREEN MORNINGGM

$0.003109

24h: +14.73%
Market cap: $3.11M
Volume 24h: $1.87M
Volatility (ann.): 548472%

CREATIONS 0.2%Share of the two combined market caps99.8% GM

Performance

CREATIONSGM

7 days-72.11%+13.87%GM
30 days-68.32%-99.79%CREATIONS

Correlation

0.05over 42 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	CREATIONS	GM
Max drawdown (400d)	-87.3%	-100.0%
Risk-adjusted return (90d)	-0.23	0.00

Relative strength over 90 days: GM outperformed CREATIONS by 89.6% — measured on the CREATIONS/GM ratio, so it holds regardless of market direction.

Indie Creations →GREEN MORNING →