Aster (ASTER) is 640.9× the size of Quickswap (QUICK) by market capitalisation. Over the past 1 year, ASTER is ahead by 62.0 percentage points (QUICK -85.5% against ASTER -23.5%). Their daily returns move barely together (correlation 0.35 across 387 shared trading days). Both have run at a similar volatility, around 95% annualised.
QUICKASTER
0.35over 387 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 | QUICK | ASTER |
|---|---|---|
| Max drawdown (400d) | -88.9% | -77.3% |
| Risk-adjusted return (90d) | -0.53 | 0.31 |
| Best 30 days (past year) | +34.2% | +47.6% |
| Worst 30 days (past year) | -74.3% | -51.6% |
Relative strength over 90 days: ASTER outperformed QUICK by 69.3% — measured on the QUICK/ASTER ratio, so it holds regardless of market direction.