OroBit (XRB) and POL (ex-MATIC) (POL) compared side by side. Over the past 1 year, XRB is ahead by 101.0 percentage points (XRB +55.6% against POL -45.4%). Their daily returns move barely together (correlation 0.00 across 363 shared trading days). XRB has been the more volatile of the two, at 96% annualised against POL's 74%.
XRBPOL
0.00over 363 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 | XRB | POL |
|---|---|---|
| Max drawdown (400d) | -62.1% | -72.6% |
| Risk-adjusted return (90d) | 0.35 | 0.28 |
| Best 30 days (past year) | — | +57.7% |
| Worst 30 days (past year) | — | -46.8% |
Relative strength over 90 days: POL outperformed XRB by 33.6% — measured on the XRB/POL ratio, so it holds regardless of market direction.