Internet Computer (ICP) is 362.7× the size of LinqAI (LNQ) by market capitalisation. Over the past 1 year, ICP is ahead by 3.0 percentage points (LNQ -53.1% against ICP -50.1%). Their daily returns move barely together (correlation 0.21 across 373 shared trading days). LNQ has been the more volatile of the two, at 157% annualised against ICP's 108%.
LNQICP
0.21over 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 | LNQ | ICP |
|---|---|---|
| Max drawdown (400d) | -91.9% | -77.4% |
| Risk-adjusted return (90d) | 0.15 | 0.29 |
| Best 30 days (past year) | +378.1% | +49.6% |
| Worst 30 days (past year) | -62.1% | -62.1% |
Relative strength over 90 days: LNQ outperformed ICP by 16.9% — measured on the LNQ/ICP ratio, so it holds regardless of market direction.