QPULL (QPULL) and GREEN MORNING (GM) compared side by side. Over the past 30 days, QPULL is ahead by 61.0 percentage points (QPULL -38.8% against GM -99.8%). Their daily returns move barely together (correlation 0.28 across 34 shared trading days). GM has been the more volatile of the two, at 548472% annualised against QPULL's 60%.
QPULLGM
0.28over 34 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 | QPULL | GM |
|---|---|---|
| Max drawdown (400d) | -41.1% | -100.0% |
| Risk-adjusted return (90d) | -0.64 | 0.00 |
Relative strength over 90 days: GM outperformed QPULL by 49.5% — measured on the QPULL/GM ratio, so it holds regardless of market direction.