Notcoin (NOT) is 1467.7× the size of PUMPCORN (PUMPCORN) by market capitalisation. Their daily returns move closely together (correlation 0.65 across 87 shared trading days). PUMPCORN has been the more volatile of the two, at 175% annualised against NOT's 104%.
PUMPCORNNOT
0.65over 87 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 | PUMPCORN | NOT |
|---|---|---|
| Max drawdown (400d) | -52.2% | -80.0% |
| Risk-adjusted return (90d) | -0.21 | 0.01 |
| Best 30 days (past year) | — | +93.4% |
| Worst 30 days (past year) | — | -46.3% |
Relative strength over 90 days: PUMPCORN outperformed NOT by 98.2% — measured on the PUMPCORN/NOT ratio, so it holds regardless of market direction.