musebook vs GAL (migrated to Gravity - G)

GAL (migrated to Gravity - G) (GAL) is 55.5× the size of musebook (MUSEBOOK) by market capitalisation. Over the past 30 days, MUSEBOOK is ahead by 114.4 percentage points (MUSEBOOK +96.4% against GAL -18.0%). Their daily returns move barely in opposite directions (correlation -0.14 across 34 shared trading days). MUSEBOOK has been the more volatile of the two, at 2312% annualised against GAL's 426%.

Correlation: -0.14
Size ratio: 1 : 55.5
Ahead over 30 days: MUSEBOOK

musebookMUSEBOOK

$1.105e-5

24h: -6.75%
Market cap: $1.10M
Volume 24h: $1.37M
Volatility (ann.): 2312%

GAL (migrated to Gravity - G)GAL

$2.5420

24h: +2.98%
Market cap: $61.35M
Volume 24h: $42
Volatility (ann.): 426%

MUSEBOOK 1.8%Share of the two combined market caps98.2% GAL

Performance

MUSEBOOKGAL

7 days-13.06%-8.33%GAL
30 days+96.41%-17.97%MUSEBOOK

Correlation

-0.14over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1590d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	MUSEBOOK	GAL
Max drawdown (400d)	-87.1%	-64.9%
Risk-adjusted return (90d)	0.05	-0.05

Relative strength over 90 days: MUSEBOOK outperformed GAL by 143.6% — measured on the MUSEBOOK/GAL ratio, so it holds regardless of market direction.

musebook →GAL (migrated to Gravity - G) →