FLOKI (FLOKI) is 16.1× the size of My Neighbor Alice (ALICE) by market capitalisation. Over the past 1 year, ALICE is ahead by 15.3 percentage points (ALICE -47.5% against FLOKI -62.8%). Their daily returns move loosely together (correlation 0.37 across 399 shared trading days). ALICE has been the more volatile of the two, at 142% annualised against FLOKI's 89%.
ALICEFLOKI
0.37over 399 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 | ALICE | FLOKI |
|---|---|---|
| Max drawdown (400d) | -81.4% | -80.7% |
| Risk-adjusted return (90d) | 0.07 | 0.10 |
| Best 30 days (past year) | +55.9% | +35.0% |
| Worst 30 days (past year) | -41.4% | -50.0% |
Relative strength over 90 days: ALICE outperformed FLOKI by 0.3% — measured on the ALICE/FLOKI ratio, so it holds regardless of market direction.