Indie Creations vs torch

torch (TORCH) is 853.1× the size of Indie Creations (CREATIONS) by market capitalisation. Over the past 30 days, TORCH is ahead by 81.7 percentage points (CREATIONS -68.3% against TORCH +13.4%). Their daily returns move barely together (correlation 0.00 across 31 shared trading days). TORCH has been the more volatile of the two, at 1536614% annualised against CREATIONS's 379%.

Correlation: 0.00
Size ratio: 1 : 853.1
Ahead over 30 days: TORCH

Indie CreationsCREATIONS

$1.018e-5

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

torchTORCH

$0.004299

24h: -18.98%
Market cap: $4.30M
Volume 24h: $356,785
Volatility (ann.): 1536614%

CREATIONS 0.1%Share of the two combined market caps99.9% TORCH

Performance

CREATIONSTORCH

7 days-72.11%-57.04%TORCH
30 days-68.32%+13.35%TORCH

Correlation

0.00over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 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	TORCH
Max drawdown (400d)	-87.3%	-100.0%
Risk-adjusted return (90d)	-0.23	0.00

Relative strength over 90 days: TORCH outperformed CREATIONS by 84.1% — measured on the CREATIONS/TORCH ratio, so it holds regardless of market direction.

Indie Creations →torch →