Luxury Travel Token (LTT) and AVA (Travala) (AVA) compared side by side. Over the past 1 year, AVA is ahead by 80.6 percentage points (LTT -94.7% against AVA -14.1%). Their daily returns move barely together (correlation 0.07 across 363 shared trading days). LTT has been the more volatile of the two, at 359% annualised against AVA's 120%.
LTTAVA
0.07over 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 | LTT | AVA |
|---|---|---|
| Max drawdown (400d) | -96.5% | -72.4% |
| Risk-adjusted return (90d) | -0.15 | 0.30 |
| Best 30 days (past year) | — | +89.0% |
| Worst 30 days (past year) | — | -42.0% |
Relative strength over 90 days: AVA outperformed LTT by 54.1% — measured on the LTT/AVA ratio, so it holds regardless of market direction.