NOMO (NOMO) and Three (THREE) compared side by side. Over the past 30 days, THREE is ahead by 8.2 percentage points (NOMO -99.3% against THREE -91.1%). Their daily returns move barely together (correlation 0.00 across 25 shared trading days). NOMO has been the more volatile of the two, at 4712% annualised against THREE's 387%.
NOMOTHREE
0.00over 25 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 | NOMO | THREE |
|---|---|---|
| Max drawdown (400d) | -99.5% | -91.1% |
| Risk-adjusted return (90d) | -0.02 | -0.24 |
Relative strength over 90 days: NOMO outperformed THREE by 85.9% — measured on the NOMO/THREE ratio, so it holds regardless of market direction.