CEEK Smart VR (CEEK) is 4.0× the size of Riser (RIS) by market capitalisation. Their daily returns move loosely together (correlation 0.48 across 28 shared trading days). CEEK has been the more volatile of the two, at 81% annualised against RIS's 48%.
RISCEEK
0.48over 28 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 | RIS | CEEK |
|---|---|---|
| Max drawdown (400d) | -14.8% | -75.0% |
| Risk-adjusted return (90d) | -0.14 | 0.31 |
Relative strength over 90 days: CEEK outperformed RIS by 13.3% — measured on the RIS/CEEK ratio, so it holds regardless of market direction.