Moon Roll Coin (MRC) and Jackpotter ($JPT) compared side by side. Over the past 30 days, MRC is ahead by 26.6 percentage points (MRC -16.2% against $JPT -42.7%). Their daily returns move barely together (correlation 0.29 across 26 shared trading days). $JPT has been the more volatile of the two, at 90% annualised against MRC's 57%.
MRC$JPT
0.29over 26 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 | MRC | $JPT |
|---|---|---|
| Max drawdown (400d) | -20.4% | -46.5% |
| Risk-adjusted return (90d) | -0.28 | -0.48 |
Relative strength over 90 days: MRC outperformed $JPT by 46.4% — measured on the MRC/$JPT ratio, so it holds regardless of market direction.