Big Time (BIGTIME) is 163.0× the size of MetaCene (MAK) by market capitalisation. Over the past 1 year, BIGTIME is ahead by 17.8 percentage points (MAK -93.2% against BIGTIME -75.4%). Their daily returns move barely in opposite directions (correlation -0.09 across 364 shared trading days). BIGTIME has been the more volatile of the two, at 80% annualised against MAK's 66%.
MAKBIGTIME
-0.09over 364 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 | MAK | BIGTIME |
|---|---|---|
| Max drawdown (400d) | -93.9% | -90.5% |
| Risk-adjusted return (90d) | -0.86 | 0.31 |
| Best 30 days (past year) | — | +51.8% |
| Worst 30 days (past year) | — | -46.2% |
Relative strength over 90 days: BIGTIME outperformed MAK by 70.5% — measured on the MAK/BIGTIME ratio, so it holds regardless of market direction.