Panana vs Brett

Brett (BRETT) is 59.2× the size of Panana ($PANANA) by market capitalisation. Over the past 30 days, $PANANA is ahead by 22.3 percentage points ($PANANA +7.7% against BRETT -14.7%). Their daily returns move loosely together (correlation 0.50 across 20 shared trading days). BRETT has been the more volatile of the two, at 101% annualised against $PANANA's 46%.

Correlation: 0.50
Size ratio: 1 : 59.2
Ahead over 30 days: $PANANA

Panana$PANANA

$1.760e-6

24h: —
Market cap: $726,506
Volume 24h: —
Volatility (ann.): 46%

BrettBRETT

$0.004346

24h: +3.40%
Market cap: $43.03M
Volume 24h: $4.36M
Volatility (ann.): 101%

$PANANA 1.7%Share of the two combined market caps98.3% BRETT

Performance

$PANANABRETT

7 days-2.31%-10.22%$PANANA
30 days+7.65%-14.67%$PANANA

Correlation

0.50over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	$PANANA	BRETT
Max drawdown (400d)	-5.4%	-31.9%
Risk-adjusted return (90d)	0.17	-0.07

Relative strength over 90 days: BRETT outperformed $PANANA by 3.8% — measured on the $PANANA/BRETT ratio, so it holds regardless of market direction.

Panana →Brett →