Joe Coin vs TROLL

TROLL (TROLL) is 5.3× the size of Joe Coin (JOE) by market capitalisation. Over the past 30 days, JOE is ahead by 29.9 percentage points (JOE -12.4% against TROLL -42.3%). Their daily returns move barely together (correlation 0.26 across 36 shared trading days). TROLL has been the more volatile of the two, at 198% annualised against JOE's 137%.

Correlation: 0.26
Size ratio: 1 : 5.3
Ahead over 30 days: JOE

Joe CoinJOE

$0.004838

24h: -20.20%
Market cap: $4.84M
Volume 24h: $214,276
Volatility (ann.): 137%

TROLLTROLL

$0.025490

24h: -6.92%
Market cap: $25.46M
Volume 24h: $1.71M
Volatility (ann.): 198%

JOE 16.0%Share of the two combined market caps84.0% TROLL

Performance

JOETROLL

7 days-14.64%-10.82%TROLL
30 days-12.39%-42.33%JOE

Correlation

0.26over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	JOE	TROLL
Max drawdown (400d)	-41.5%	-61.0%
Risk-adjusted return (90d)	-0.30	-0.21

Relative strength over 90 days: JOE outperformed TROLL by 4.0% — measured on the JOE/TROLL ratio, so it holds regardless of market direction.

Joe Coin →TROLL →