Joromy Alloiru (JOROMY) and Arc Inu (AI) compared side by side. Their daily returns move loosely together (correlation 0.49 across 21 shared trading days). AI has been the more volatile of the two, at 323% annualised against JOROMY's 37%.
JOROMYAI
0.49over 21 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 | JOROMY | AI |
|---|---|---|
| Max drawdown (400d) | -16.4% | -71.2% |
| Risk-adjusted return (90d) | -0.37 | -0.22 |
Relative strength over 90 days: JOROMY outperformed AI by 110.9% — measured on the JOROMY/AI ratio, so it holds regardless of market direction.