RETARDIO vs SPX6900

SPX6900 (SPX) is 343.0× the size of RETARDIO (RETARDIO) by market capitalisation. Over the past 30 days, RETARDIO is ahead by 14.8 percentage points (RETARDIO -9.5% against SPX -24.3%). Their daily returns move barely together (correlation 0.12 across 20 shared trading days). Both have run at a similar volatility, around 108% annualised.

Correlation: 0.12
Size ratio: 1 : 343.0
Ahead over 30 days: RETARDIO

RETARDIORETARDIO

$0.001038

24h: -0.84%
Market cap: $1.04M
Volume 24h: $11,433
Volatility (ann.): 104%

SPX6900SPX

$0.382597

24h: +4.04%
Market cap: $356.13M
Volume 24h: $7.60M
Volatility (ann.): 113%

RETARDIO 0.3%Share of the two combined market caps99.7% SPX

Performance

RETARDIOSPX

7 days-4.64%-3.77%SPX
30 days-9.52%-24.31%RETARDIO

Correlation

0.12over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	RETARDIO	SPX
Max drawdown (400d)	-27.0%	-42.9%
Risk-adjusted return (90d)	-0.09	0.14

Relative strength over 90 days: RETARDIO outperformed SPX by 17.7% — measured on the RETARDIO/SPX ratio, so it holds regardless of market direction.

RETARDIO →SPX6900 →