Pre-SP vs HAVA
HAVA (HAVA) is 4.8× the size of Pre-SP (PSP) by market capitalisation. PSP has been the more volatile of the two, at 321% annualised against HAVA's 5%.
- Size ratio
- 1 : 4.8
HAVA (HAVA) is 4.8× the size of Pre-SP (PSP) by market capitalisation. PSP has been the more volatile of the two, at 321% annualised against HAVA's 5%.
PSPHAVA
| Metric | PSP | HAVA |
|---|---|---|
| Max drawdown (400d) | -99.5% | -1.8% |
| Risk-adjusted return (90d) | -0.34 | -0.26 |
Relative strength over 90 days: PSP outperformed HAVA by 10.7% — measured on the PSP/HAVA ratio, so it holds regardless of market direction.