XRP (XRP) is 22545806.1× the size of PulsePad (PLSPAD) by market capitalisation. Over the past 1 year, XRP is ahead by 53.4 percentage points (PLSPAD -94.3% against XRP -40.8%). Their daily returns move barely together (correlation 0.02 across 372 shared trading days). PLSPAD has been the more volatile of the two, at 240% annualised against XRP's 65%.
PLSPADXRP
0.02over 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 | PLSPAD | XRP |
|---|---|---|
| Max drawdown (400d) | -97.4% | -67.3% |
| Risk-adjusted return (90d) | -0.28 | 0.37 |
| Best 30 days (past year) | +243.0% | +41.9% |
| Worst 30 days (past year) | -83.3% | -47.3% |
Relative strength over 90 days: XRP outperformed PLSPAD by 96.6% — measured on the PLSPAD/XRP ratio, so it holds regardless of market direction.