0G (0G) is 16.6× the size of MyShell (SHELL) by market capitalisation. Over the past 1 year, SHELL is ahead by 7.5 percentage points (SHELL -78.9% against 0G -86.4%). Their daily returns move barely together (correlation 0.27 across 399 shared trading days). 0G has been the more volatile of the two, at 122% annualised against SHELL's 98%.
SHELL0G
0.27over 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 | SHELL | 0G |
|---|---|---|
| Max drawdown (400d) | -85.8% | -95.9% |
| Risk-adjusted return (90d) | 0.25 | 0.10 |
| Best 30 days (past year) | +38.6% | +99.1% |
| Worst 30 days (past year) | -55.7% | -53.0% |
Relative strength over 90 days: SHELL outperformed 0G by 9.2% — measured on the SHELL/0G ratio, so it holds regardless of market direction.