Piteas vs LCX

LCX (LCX) is 28.7× the size of Piteas (PTS) by market capitalisation. Over the past 30 days, LCX is ahead by 129.6 percentage points (PTS -52.0% against LCX +77.6%). Their daily returns move closely in opposite directions (correlation -0.66 across 39 shared trading days). PTS has been the more volatile of the two, at 195% annualised against LCX's 166%.

Correlation: -0.66
Size ratio: 1 : 28.7
Ahead over 30 days: LCX

PiteasPTS

$0.020670

24h: +3.48%
Market cap: $1.45M
Volume 24h: $285
Volatility (ann.): 195%

LCXLCX

$0.043392

24h: -0.87%
Market cap: $41.47M
Volume 24h: $355,999
Volatility (ann.): 166%

PTS 3.4%Share of the two combined market caps96.6% LCX

Performance

PTSLCX

7 days+9.73%-6.51%PTS
30 days-52.01%+77.58%LCX

Correlation

-0.66over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.7490d: 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	PTS	LCX
Max drawdown (400d)	-62.9%	-25.7%
Risk-adjusted return (90d)	-0.29	0.45

Relative strength over 90 days: LCX outperformed PTS by 76.2% — measured on the PTS/LCX ratio, so it holds regardless of market direction.

Piteas →LCX →