Peoples Reserve vs Mt Pelerin Shares

Peoples Reserve (PRN) is 4.9× the size of Mt Pelerin Shares (MPS) by market capitalisation. Over the past 30 days, MPS is ahead by 57.8 percentage points (PRN -61.5% against MPS -3.7%). Their daily returns move barely together (correlation 0.21 across 37 shared trading days). MPS has been the more volatile of the two, at 237% annualised against PRN's 154%.

Correlation: 0.21
Size ratio: 4.9×
Ahead over 30 days: MPS

Peoples ReservePRN

$0.018840

24h: +0.41%
Market cap: $12.79M
Volume 24h: $2,117
Volatility (ann.): 154%

Mt Pelerin SharesMPS

$5.2000

24h: -6.89%
Market cap: $2.60M
Volume 24h: $156
Volatility (ann.): 237%

PRN 83.1%Share of the two combined market caps16.9% MPS

Performance

PRNMPS

7 days-5.13%+7.58%MPS
30 days-61.49%-3.73%MPS

Correlation

0.21over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	PRN	MPS
Max drawdown (400d)	-67.7%	-42.3%
Risk-adjusted return (90d)	-0.42	0.06

Relative strength over 90 days: MPS outperformed PRN by 70.3% — measured on the PRN/MPS ratio, so it holds regardless of market direction.

Peoples Reserve →Mt Pelerin Shares →