ROBA vs Geodnet

Geodnet (GEOD) is 618.5× the size of ROBA (ROBA) by market capitalisation. Over the past 30 days, GEOD is ahead by 49.6 percentage points (ROBA -40.0% against GEOD +9.6%). Their daily returns move loosely together (correlation 0.52 across 31 shared trading days). ROBA has been the more volatile of the two, at 220% annualised against GEOD's 74%.

Correlation: 0.52
Size ratio: 1 : 618.5
Ahead over 30 days: GEOD

ROBAROBA

$0.000286

24h: -1.61%
Market cap: $286,226
Volume 24h: $2,598
Volatility (ann.): 220%

GeodnetGEOD

$0.237407

24h: +1.23%
Market cap: $177.03M
Volume 24h: $1.21M
Volatility (ann.): 74%

ROBA 0.2%Share of the two combined market caps99.8% GEOD

Performance

ROBAGEOD

7 days-20.93%-8.30%GEOD
30 days-40.04%+9.61%GEOD

Correlation

0.52over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	ROBA	GEOD
Max drawdown (400d)	-56.5%	-18.1%
Risk-adjusted return (90d)	-0.24	0.18

Relative strength over 90 days: GEOD outperformed ROBA by 54.3% — measured on the ROBA/GEOD ratio, so it holds regardless of market direction.

ROBA →Geodnet →