NOVA (SN68) is 89.2× the size of Rejuve.AI (RJV) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.02 across 33 shared trading days). RJV has been the more volatile of the two, at 133% annualised against SN68's 97%.
RJVSN68
-0.02over 33 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 | RJV | SN68 |
|---|---|---|
| Max drawdown (400d) | -94.9% | -18.3% |
| Risk-adjusted return (90d) | -0.09 | 0.16 |
| Best 30 days (past year) | +193.2% | — |
| Worst 30 days (past year) | -65.2% | — |
Relative strength over 90 days: RJV outperformed SN68 by 43.9% — measured on the RJV/SN68 ratio, so it holds regardless of market direction.