Artificial Superintelligence Alliance (FET) is 19493.6× the size of PYSOPS (PSYOPS) by market capitalisation. Their daily returns move loosely together (correlation 0.49 across 168 shared trading days). PSYOPS has been the more volatile of the two, at 146% annualised against FET's 118%.
$0.148800
PSYOPSFET
0.49over 168 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 | PSYOPS | FET |
|---|---|---|
| Max drawdown (400d) | -97.1% | -80.0% |
| Risk-adjusted return (90d) | -0.58 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: FET outperformed PSYOPS by 84.8% — measured on the PSYOPS/FET ratio, so it holds regardless of market direction.