Looping Collective vs Bedrock

Bedrock (BR) is 300.1× the size of Looping Collective (LOOP) by market capitalisation. Over the past 30 days, BR is ahead by 130.5 percentage points (LOOP -36.4% against BR +94.1%). Their daily returns move barely together (correlation 0.28 across 28 shared trading days). BR has been the more volatile of the two, at 529% annualised against LOOP's 137%.

Correlation: 0.28
Size ratio: 1 : 300.1
Ahead over 30 days: BR

Looping CollectiveLOOP

$0.001778

24h: —
Market cap: $469,843
Volume 24h: $19
Volatility (ann.): 137%

BedrockBR

$0.475228

24h: +6.52%
Market cap: $140.98M
Volume 24h: $3.90M
Volatility (ann.): 529%

LOOP 0.3%Share of the two combined market caps99.7% BR

Performance

LOOPBR

7 days+4.78%-3.07%LOOP
30 days-36.36%+94.11%BR

Correlation

0.28over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	LOOP	BR
Max drawdown (400d)	-44.0%	-62.7%
Risk-adjusted return (90d)	-0.26	0.26

Relative strength over 90 days: BR outperformed LOOP by 71.3% — measured on the LOOP/BR ratio, so it holds regardless of market direction.

Looping Collective →Bedrock →