Aster (ASTER) is 74382.5× the size of LogX Network (LOGX) by market capitalisation. Over the past 1 year, ASTER is ahead by 71.8 percentage points (LOGX -99.5% against ASTER -27.7%). Their daily returns move barely in opposite directions (correlation -0.01 across 363 shared trading days). LOGX has been the more volatile of the two, at 433% annualised against ASTER's 90%.
LOGXASTER
-0.01over 363 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 | LOGX | ASTER |
|---|---|---|
| Max drawdown (400d) | -99.9% | -77.3% |
| Risk-adjusted return (90d) | 0.09 | 0.35 |
| Best 30 days (past year) | +157.0% | +47.6% |
| Worst 30 days (past year) | -95.0% | -51.6% |
Relative strength over 90 days: LOGX outperformed ASTER by 57.5% — measured on the LOGX/ASTER ratio, so it holds regardless of market direction.