Artificial Superintelligence Alliance (FET) is 14119.1× the size of Naomi by BunnyOS (NAOMI) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.24 across 161 shared trading days). NAOMI has been the more volatile of the two, at 1060% annualised against FET's 119%.
$0.147200
NAOMIFET
-0.24over 161 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 | NAOMI | FET |
|---|---|---|
| Max drawdown (400d) | -92.1% | -79.7% |
| Risk-adjusted return (90d) | 0.06 | 0.04 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: NAOMI outperformed FET by 164.7% — measured on the NAOMI/FET ratio, so it holds regardless of market direction.