PudgyStrategy vs PunkStrategy

PunkStrategy (PNKSTR) is 24.2× the size of PudgyStrategy (PUDGYSTR) by market capitalisation. Over the past 30 days, PNKSTR is ahead by 81.1 percentage points (PUDGYSTR -57.3% against PNKSTR +23.8%). Their daily returns move closely together (correlation 0.64 across 37 shared trading days). Both have run at a similar volatility, around 209% annualised.

Correlation: 0.64
Size ratio: 1 : 24.2
Ahead over 30 days: PNKSTR

PudgyStrategyPUDGYSTR

$0.000314

24h: -0.34%
Market cap: $297,079
Volume 24h: $623
Volatility (ann.): 202%

PunkStrategyPNKSTR

$0.008415

24h: -3.46%
Market cap: $7.18M
Volume 24h: $23,744
Volatility (ann.): 216%

PUDGYSTR 4.0%Share of the two combined market caps96.0% PNKSTR

Performance

PUDGYSTRPNKSTR

7 days-6.61%-9.74%PUDGYSTR
30 days-57.27%+23.83%PNKSTR

Correlation

0.64over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6990d: 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	PUDGYSTR	PNKSTR
Max drawdown (400d)	-64.3%	-53.5%
Risk-adjusted return (90d)	-0.28	0.06

Relative strength over 90 days: PNKSTR outperformed PUDGYSTR by 63.1% — measured on the PUDGYSTR/PNKSTR ratio, so it holds regardless of market direction.

PudgyStrategy →PunkStrategy →