Pieverse (PIEVERSE) is 9568.9× the size of Maiga (MAIGA) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 43 shared trading days). MAIGA has been the more volatile of the two, at 302% annualised against PIEVERSE's 144%.
MAIGAPIEVERSE
0.36over 43 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 | MAIGA | PIEVERSE |
|---|---|---|
| Max drawdown (400d) | -99.9% | -38.7% |
| Risk-adjusted return (90d) | -0.33 | 0.28 |
| Best 30 days (past year) | +257.9% | — |
| Worst 30 days (past year) | -91.7% | — |
Relative strength over 90 days: PIEVERSE outperformed MAIGA by 96.5% — measured on the MAIGA/PIEVERSE ratio, so it holds regardless of market direction.