LO0P vs Cap

Cap (CAP) is 1924.2× the size of LO0P (LO0P) by market capitalisation. Over the past 30 days, CAP is ahead by 135.9 percentage points (LO0P -31.4% against CAP +104.5%). Their daily returns move barely together (correlation 0.03 across 22 shared trading days). CAP has been the more volatile of the two, at 11239244% annualised against LO0P's 57%.

Correlation: 0.03
Size ratio: 1 : 1924.2
Ahead over 30 days: CAP

LO0PLO0P

$0.087072

24h: —
Market cap: $87,072
Volume 24h: $96
Volatility (ann.): 57%

CapCAP

$0.107399

24h: -0.21%
Market cap: $167.54M
Volume 24h: $24.00M
Volatility (ann.): 11239244%

LO0P 0.1%Share of the two combined market caps99.9% CAP

Performance

LO0PCAP

7 days-7.59%+0.92%CAP
30 days-31.43%+104.49%CAP

Correlation

0.03over 22 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	LO0P	CAP
Max drawdown (400d)	-32.0%	-100.0%
Risk-adjusted return (90d)	-0.56	0.00

Relative strength over 90 days: CAP outperformed LO0P by 31.9% — measured on the LO0P/CAP ratio, so it holds regardless of market direction.

LO0P →Cap →