Pump.fun (PUMP) is 185.3× the size of Ninja Squad Token (NST) by market capitalisation. Over the past 1 year, PUMP is ahead by 75.5 percentage points (NST -63.8% against PUMP +11.7%). Their daily returns move loosely together (correlation 0.52 across 373 shared trading days). PUMP has been the more volatile of the two, at 127% annualised against NST's 71%.
NSTPUMP
0.52over 373 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 | NST | PUMP |
|---|---|---|
| Max drawdown (400d) | -70.2% | -83.1% |
| Risk-adjusted return (90d) | 0.02 | 0.55 |
| Best 30 days (past year) | +34.7% | +185.0% |
| Worst 30 days (past year) | -36.2% | -43.2% |
Relative strength over 90 days: PUMP outperformed NST by 65.8% — measured on the NST/PUMP ratio, so it holds regardless of market direction.