aixbt (AIXBT) is 449.4× the size of Janet (JANET) by market capitalisation. Over the past 1 year, JANET is ahead by 20.4 percentage points (JANET -53.0% against AIXBT -73.4%). Their daily returns move loosely together (correlation 0.35 across 373 shared trading days). Both have run at a similar volatility, around 116% annualised.
JANETAIXBT
0.35over 373 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 | JANET | AIXBT |
|---|---|---|
| Max drawdown (400d) | -76.0% | -84.5% |
| Risk-adjusted return (90d) | -0.62 | -0.07 |
| Best 30 days (past year) | +60.1% | +62.1% |
| Worst 30 days (past year) | -67.4% | -52.0% |
Relative strength over 90 days: AIXBT outperformed JANET by 71.6% — measured on the JANET/AIXBT ratio, so it holds regardless of market direction.