Portal (PORTAL) is 359.5× the size of MXS Games (XSEED) by market capitalisation. Over the past 1 year, PORTAL is ahead by 49.2 percentage points (XSEED -92.8% against PORTAL -43.6%). Their daily returns move barely together (correlation 0.13 across 370 shared trading days). Both have run at a similar volatility, around 203% annualised.
XSEEDPORTAL
0.13over 370 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 | XSEED | PORTAL |
|---|---|---|
| Max drawdown (400d) | -98.2% | -80.9% |
| Risk-adjusted return (90d) | -0.39 | 0.08 |
| Best 30 days (past year) | +358.4% | +187.4% |
| Worst 30 days (past year) | -97.9% | -61.9% |
Relative strength over 90 days: PORTAL outperformed XSEED by 95.3% — measured on the XSEED/PORTAL ratio, so it holds regardless of market direction.