RAGE GUY vs SPX6900

SPX6900 (SPX) is 15387.2× the size of RAGE GUY (RAGE) by market capitalisation. Over the past 30 days, SPX is ahead by 13.8 percentage points (RAGE -47.4% against SPX -33.6%). Their daily returns move barely together (correlation 0.01 across 25 shared trading days). RAGE has been the more volatile of the two, at 144% annualised against SPX's 115%.

Correlation: 0.01
Size ratio: 1 : 15387.2
Ahead over 30 days: SPX

RAGE GUYRAGE

$2.113e-5

24h: —
Market cap: $20,787
Volume 24h: $248
Volatility (ann.): 144%

SPX6900SPX

$0.343594

24h: -9.89%
Market cap: $319.85M
Volume 24h: $7.29M
Volatility (ann.): 115%

RAGE 0.0%Share of the two combined market caps100.0% SPX

Performance

RAGESPX

7 days+2.45%-2.61%RAGE
30 days-47.38%-33.59%SPX

Correlation

0.01over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	RAGE	SPX
Max drawdown (400d)	-55.4%	-43.7%
Risk-adjusted return (90d)	-0.37	0.05

Relative strength over 90 days: SPX outperformed RAGE by 34.2% — measured on the RAGE/SPX ratio, so it holds regardless of market direction.

RAGE GUY →SPX6900 →