market.launchpad (MARKET) and Higgspad (HIGGS) compared side by side. Over the past 7 days, MARKET is ahead by 132.6 percentage points (MARKET +103.3% against HIGGS -29.3%). Their daily returns move loosely together (correlation 0.60 across 21 shared trading days). MARKET has been the more volatile of the two, at 625% annualised against HIGGS's 498%.
MARKETHIGGS
0.60over 21 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 | MARKET | HIGGS |
|---|---|---|
| Max drawdown (400d) | -65.8% | -96.5% |
| Risk-adjusted return (90d) | -0.05 | -0.19 |
Relative strength over 90 days: MARKET outperformed HIGGS by 1177.6% — measured on the MARKET/HIGGS ratio, so it holds regardless of market direction.