Shiba Inu (SHIB) is 331.1× the size of Koma Inu (KOMA) by market capitalisation. Over the past 1 year, KOMA is ahead by 0.9 percentage points (KOMA -48.8% against SHIB -49.6%). Their daily returns move barely together (correlation 0.30 across 373 shared trading days). KOMA has been the more volatile of the two, at 185% annualised against SHIB's 69%.
KOMASHIB
0.30over 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 | KOMA | SHIB |
|---|---|---|
| Max drawdown (400d) | -78.7% | -68.0% |
| Risk-adjusted return (90d) | 0.29 | -0.08 |
| Best 30 days (past year) | +310.5% | +39.1% |
| Worst 30 days (past year) | -55.3% | -38.4% |
Relative strength over 90 days: KOMA outperformed SHIB by 80.2% — measured on the KOMA/SHIB ratio, so it holds regardless of market direction.