Turbo (TURBO) is 1101.8× the size of Janet (JANET) by market capitalisation. Over the past 1 year, JANET is ahead by 3.9 percentage points (JANET -53.0% against TURBO -56.9%). Their daily returns move loosely together (correlation 0.37 across 373 shared trading days). Both have run at a similar volatility, around 112% annualised.
JANETTURBO
0.37over 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 | TURBO |
|---|---|---|
| Max drawdown (400d) | -76.0% | -80.7% |
| Risk-adjusted return (90d) | -0.62 | -0.06 |
| Best 30 days (past year) | +60.1% | +46.2% |
| Worst 30 days (past year) | -67.4% | -53.3% |
Relative strength over 90 days: TURBO outperformed JANET by 72.1% — measured on the JANET/TURBO ratio, so it holds regardless of market direction.