AWE Network (AWE) is 14.7× the size of Recall (RECALL) by market capitalisation. Over the past 1 year, AWE is ahead by 88.1 percentage points (RECALL -90.4% against AWE -2.3%). Their daily returns move barely together (correlation 0.18 across 358 shared trading days). RECALL has been the more volatile of the two, at 136% annualised against AWE's 84%.
RECALLAWE
0.18over 358 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 | RECALL | AWE |
|---|---|---|
| Max drawdown (400d) | -94.5% | -60.1% |
| Risk-adjusted return (90d) | -0.09 | 0.20 |
| Best 30 days (past year) | — | +87.1% |
| Worst 30 days (past year) | — | -46.6% |
Relative strength over 90 days: AWE outperformed RECALL by 10.6% — measured on the RECALL/AWE ratio, so it holds regardless of market direction.