Auki (AUKI) is 1084.0× the size of Robora (RBR) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.00 across 36 shared trading days). AUKI has been the more volatile of the two, at 190% annualised against RBR's 144%.
RBRAUKI
-0.00over 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 | RBR | AUKI |
|---|---|---|
| Max drawdown (400d) | -80.0% | -46.0% |
| Risk-adjusted return (90d) | -0.33 | 0.12 |
Relative strength over 90 days: AUKI outperformed RBR by 62.4% — measured on the RBR/AUKI ratio, so it holds regardless of market direction.