Stellar (XLM) is 322.9× the size of Public Masterpiece Technology (PMT) by market capitalisation. Over the past 1 year, PMT is ahead by 31.8 percentage points (PMT -9.9% against XLM -41.7%). Their daily returns move barely together (correlation 0.14 across 372 shared trading days). XLM has been the more volatile of the two, at 78% annualised against PMT's 7%.
$0.097069
PMTXLM
0.14over 372 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 | PMT | XLM |
|---|---|---|
| Max drawdown (400d) | -14.5% | -64.9% |
| Risk-adjusted return (90d) | -0.87 | -0.02 |
| Best 30 days (past year) | +3.2% | +63.3% |
| Worst 30 days (past year) | -3.9% | -39.7% |
Relative strength over 90 days: PMT outperformed XLM by 7.9% — measured on the PMT/XLM ratio, so it holds regardless of market direction.