Peoples Reserve vs SwissBorg

SwissBorg (BORG) is 12.0× the size of Peoples Reserve (PRN) by market capitalisation. Over the past 30 days, BORG is ahead by 52.2 percentage points (PRN -61.5% against BORG -9.3%). Their daily returns move barely together (correlation 0.14 across 45 shared trading days). PRN has been the more volatile of the two, at 154% annualised against BORG's 65%.

Correlation: 0.14
Size ratio: 1 : 12.0
Ahead over 30 days: BORG

Peoples ReservePRN

$0.018840

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

SwissBorgBORG

$0.155867

24h: +1.19%
Market cap: $152.91M
Volume 24h: $284,565
Volatility (ann.): 65%

PRN 7.7%Share of the two combined market caps92.3% BORG

Performance

PRNBORG

7 days-5.13%+1.15%BORG
30 days-61.49%-9.28%BORG

Correlation

0.14over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	BORG
Max drawdown (400d)	-67.7%	-19.8%
Risk-adjusted return (90d)	-0.42	0.15

Relative strength over 90 days: BORG outperformed PRN by 61.9% — measured on the PRN/BORG ratio, so it holds regardless of market direction.

Peoples Reserve →SwissBorg →