FLOKI (FLOKI) is 723.7× the size of PLAYA3ULL GAMES (3ULL) by market capitalisation. Over the past 1 year, FLOKI is ahead by 28.8 percentage points (3ULL -91.6% against FLOKI -62.8%). Their daily returns move barely together (correlation 0.30 across 364 shared trading days). 3ULL has been the more volatile of the two, at 178% annualised against FLOKI's 89%.
3ULLFLOKI
0.30over 364 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 | 3ULL | FLOKI |
|---|---|---|
| Max drawdown (400d) | -95.1% | -80.7% |
| Risk-adjusted return (90d) | -0.09 | 0.10 |
| Best 30 days (past year) | — | +35.0% |
| Worst 30 days (past year) | — | -50.0% |
Relative strength over 90 days: FLOKI outperformed 3ULL by 40.1% — measured on the 3ULL/FLOKI ratio, so it holds regardless of market direction.