JT MARLIN vs LO0P

LO0P (LO0P) is 4.0× the size of JT MARLIN (MARLIN) by market capitalisation. Over the past 30 days, LO0P is ahead by 37.7 percentage points (MARLIN -63.9% against LO0P -26.2%). Their daily returns move barely in opposite directions (correlation -0.09 across 30 shared trading days). MARLIN has been the more volatile of the two, at 510% annualised against LO0P's 54%.

Correlation: -0.09
Size ratio: 1 : 4.0
Ahead over 30 days: LO0P

JT MARLINMARLIN

$3.337e-5

24h: +24.04%
Market cap: $30,645
Volume 24h: $681
Volatility (ann.): 510%

LO0PLO0P

$0.122422

24h: +7.04%
Market cap: $122,422
Volume 24h: $184
Volatility (ann.): 54%

MARLIN 20.0%Share of the two combined market caps80.0% LO0P

Performance

MARLINLO0P

7 days+5.12%-2.36%MARLIN
30 days-63.89%-26.23%LO0P

Correlation

-0.09over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	MARLIN	LO0P
Max drawdown (400d)	-84.9%	-27.0%
Risk-adjusted return (90d)	-0.12	-0.49

Relative strength over 90 days: LO0P outperformed MARLIN by 45.8% — measured on the MARLIN/LO0P ratio, so it holds regardless of market direction.

JT MARLIN →LO0P →