GALA (GALA) is 5.3× the size of Portal (PORTAL) by market capitalisation. Over the past 1 year, PORTAL is ahead by 43.5 percentage points (PORTAL -37.7% against GALA -81.3%). Their daily returns move barely together (correlation 0.24 across 399 shared trading days). PORTAL has been the more volatile of the two, at 215% annualised against GALA's 97%.
PORTALGALA
0.24over 399 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 | PORTAL | GALA |
|---|---|---|
| Max drawdown (400d) | -80.9% | -91.5% |
| Risk-adjusted return (90d) | 0.12 | -0.06 |
| Best 30 days (past year) | +187.4% | +53.8% |
| Worst 30 days (past year) | -61.9% | -48.8% |
Relative strength over 90 days: PORTAL outperformed GALA by 28.5% — measured on the PORTAL/GALA ratio, so it holds regardless of market direction.