Liquid Wrapped veTOPAZ vs GREEN MORNING

Liquid Wrapped veTOPAZ (XTOPAZ) and GREEN MORNING (GM) compared side by side. Over the past 30 days, XTOPAZ is ahead by 70.4 percentage points (XTOPAZ -29.3% against GM -99.8%). Their daily returns move barely in opposite directions (correlation -0.23 across 43 shared trading days). GM has been the more volatile of the two, at 548472% annualised against XTOPAZ's 173%.

Correlation: -0.23
Ahead over 30 days: XTOPAZ

Liquid Wrapped veTOPAZXTOPAZ

$0.000748

24h: -4.87%
Market cap: —
Volume 24h: $307
Volatility (ann.): 173%

GREEN MORNINGGM

$0.003109

24h: +14.73%
Market cap: $3.11M
Volume 24h: $1.87M
Volatility (ann.): 548472%

XTOPAZ 0.0%Share of the two combined market caps100.0% GM

Performance

XTOPAZGM

7 days+2.69%+13.87%GM
30 days-29.34%-99.79%XTOPAZ

Correlation

-0.23over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	XTOPAZ	GM
Max drawdown (400d)	-67.9%	-100.0%
Risk-adjusted return (90d)	-0.31	0.00

Relative strength over 90 days: GM outperformed XTOPAZ by 61.6% — measured on the XTOPAZ/GM ratio, so it holds regardless of market direction.

Liquid Wrapped veTOPAZ →GREEN MORNING →