OpenAI PreStocks (OPENAI) is 462.4× the size of Revshare (REVS) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 36 shared trading days). REVS has been the more volatile of the two, at 1311% annualised against OPENAI's 157%.
REVSOPENAI
0.03over 36 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 | REVS | OPENAI |
|---|---|---|
| Max drawdown (400d) | -98.5% | -28.4% |
| Risk-adjusted return (90d) | -0.01 | 0.21 |
Relative strength over 90 days: OPENAI outperformed REVS by 28.7% — measured on the REVS/OPENAI ratio, so it holds regardless of market direction.