Orbio Credit (CREDIT) and GREEN MORNING (GM) compared side by side. Over the past 30 days, CREDIT is ahead by 158.5 percentage points (CREDIT +58.7% against GM -99.8%). Their daily returns move barely together (correlation 0.11 across 43 shared trading days). GM has been the more volatile of the two, at 548472% annualised against CREDIT's 180%.
CREDITGM
0.11over 43 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 | CREDIT | GM |
|---|---|---|
| Max drawdown (400d) | -53.6% | -100.0% |
| Risk-adjusted return (90d) | -0.13 | 0.00 |
Relative strength over 90 days: GM outperformed CREDIT by 37.7% — measured on the CREDIT/GM ratio, so it holds regardless of market direction.