TROLL (TROLL) is 11.2× the size of Jeff (JEFF) by market capitalisation. Over the past 30 days, TROLL is ahead by 57.6 percentage points (JEFF -100.0% against TROLL -42.3%). Their daily returns move barely together (correlation 0.35 across 29 shared trading days). JEFF has been the more volatile of the two, at 373% annualised against TROLL's 198%.
JEFFTROLL
0.35over 29 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 | JEFF | TROLL |
|---|---|---|
| Max drawdown (400d) | -100.0% | -61.0% |
| Risk-adjusted return (90d) | -0.27 | -0.21 |
Relative strength over 90 days: TROLL outperformed JEFF by 100.0% — measured on the JEFF/TROLL ratio, so it holds regardless of market direction.