Infinity Rocket vs uTrade

uTrade (UTT) is 4.1× the size of Infinity Rocket (IRT) by market capitalisation. Over the past 30 days, UTT is ahead by 61.0 percentage points (IRT -0.8% against UTT +60.2%). Their daily returns move barely in opposite directions (correlation -0.17 across 30 shared trading days). UTT has been the more volatile of the two, at 158% annualised against IRT's 57%.

Correlation: -0.17
Size ratio: 1 : 4.1
Ahead over 30 days: UTT

Infinity RocketIRT

$0.002318

24h: +4.51%
Market cap: $336,329
Volume 24h: $7,554
Volatility (ann.): 57%

uTradeUTT

$0.302028

24h: -2.04%
Market cap: $1.37M
Volume 24h: $217,848
Volatility (ann.): 158%

IRT 19.8%Share of the two combined market caps80.2% UTT

Performance

IRTUTT

7 days-2.07%+31.69%UTT
30 days-0.82%+60.17%UTT

Correlation

-0.17over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: 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	IRT	UTT
Max drawdown (400d)	-19.1%	-16.5%
Risk-adjusted return (90d)	-0.17	0.38

Relative strength over 90 days: UTT outperformed IRT by 40.7% — measured on the IRT/UTT ratio, so it holds regardless of market direction.

Infinity Rocket →uTrade →