Mayflower (MAY) and 1INCH (1INCH) compared side by side. Over the past 1 year, 1INCH is ahead by 54.9 percentage points (MAY -97.2% against 1INCH -42.3%). Their daily returns move barely together (correlation 0.21 across 365 shared trading days). MAY has been the more volatile of the two, at 162% annualised against 1INCH's 77%.
MAY1INCH
0.21over 365 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 | MAY | 1INCH |
|---|---|---|
| Max drawdown (400d) | -97.5% | -75.6% |
| Risk-adjusted return (90d) | -0.28 | 0.01 |
| Best 30 days (past year) | — | +29.8% |
| Worst 30 days (past year) | — | -44.9% |
Relative strength over 90 days: 1INCH outperformed MAY by 71.3% — measured on the MAY/1INCH ratio, so it holds regardless of market direction.