legs.fun vs Shuffle

Shuffle (SHFL) is 20887.1× the size of legs.fun (LEGS) by market capitalisation. Over the past 30 days, SHFL is ahead by 55.7 percentage points (LEGS -39.4% against SHFL +16.3%). Their daily returns move barely together (correlation 0.03 across 23 shared trading days). SHFL has been the more volatile of the two, at 170% annualised against LEGS's 121%.

Correlation: 0.03
Size ratio: 1 : 20887.1
Ahead over 30 days: SHFL

legs.funLEGS

$9.170e-6

24h: -20.67%
Market cap: $8,867
Volume 24h: $301
Volatility (ann.): 121%

ShuffleSHFL

$0.369237

24h: -2.38%
Market cap: $185.20M
Volume 24h: $1.09M
Volatility (ann.): 170%

LEGS 0.0%Share of the two combined market caps100.0% SHFL

Performance

LEGSSHFL

7 days-15.39%-21.19%LEGS
30 days-39.37%+16.34%SHFL

Correlation

0.03over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	LEGS	SHFL
Max drawdown (400d)	-46.4%	-41.4%
Risk-adjusted return (90d)	-0.32	0.16

Relative strength over 90 days: SHFL outperformed LEGS by 2.4% — measured on the LEGS/SHFL ratio, so it holds regardless of market direction.

legs.fun →Shuffle →