Jackpotter vs Shuffle

Shuffle (SHFL) is 8.8× the size of Jackpotter ($JPT) by market capitalisation. Over the past 30 days, SHFL is ahead by 67.3 percentage points ($JPT -42.7% against SHFL +24.6%). Their daily returns move barely together (correlation 0.21 across 23 shared trading days). SHFL has been the more volatile of the two, at 173% annualised against $JPT's 90%.

Correlation: 0.21
Size ratio: 1 : 8.8
Ahead over 30 days: SHFL

Jackpotter$JPT

$0.021900

24h: +3.57%
Market cap: $21.89M
Volume 24h: $445
Volatility (ann.): 90%

ShuffleSHFL

$0.384778

24h: -2.57%
Market cap: $192.68M
Volume 24h: $436,627
Volatility (ann.): 173%

$JPT 10.2%Share of the two combined market caps89.8% SHFL

Performance

$JPTSHFL

7 days-1.07%-19.55%$JPT
30 days-42.72%+24.57%SHFL

Correlation

0.21over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	$JPT	SHFL
Max drawdown (400d)	-46.5%	-41.4%
Risk-adjusted return (90d)	-0.48	0.19

Relative strength over 90 days: SHFL outperformed $JPT by 41.1% — measured on the $JPT/SHFL ratio, so it holds regardless of market direction.

Jackpotter →Shuffle →