Sentient (SENT) is 24.1× the size of MyShell (SHELL) by market capitalisation. Their daily returns move barely together (correlation 0.08 across 287 shared trading days). SENT has been the more volatile of the two, at 118% annualised against SHELL's 98%.
SHELLSENT
0.08over 287 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 | SHELL | SENT |
|---|---|---|
| Max drawdown (400d) | -85.8% | -75.8% |
| Risk-adjusted return (90d) | 0.25 | 0.46 |
| Best 30 days (past year) | +38.6% | — |
| Worst 30 days (past year) | -55.7% | — |
Relative strength over 90 days: SENT outperformed SHELL by 14.5% — measured on the SHELL/SENT ratio, so it holds regardless of market direction.