Intelena (INTEL) and GREEN MORNING (GM) compared side by side. Over the past 30 days, INTEL is ahead by 62.9 percentage points (INTEL -36.9% against GM -99.8%). Their daily returns move barely together (correlation 0.22 across 28 shared trading days). GM has been the more volatile of the two, at 548472% annualised against INTEL's 99%.
INTELGM
0.22over 28 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 | INTEL | GM |
|---|---|---|
| Max drawdown (400d) | -38.4% | -100.0% |
| Risk-adjusted return (90d) | -0.37 | 0.00 |
Relative strength over 90 days: GM outperformed INTEL by 48.1% — measured on the INTEL/GM ratio, so it holds regardless of market direction.