ROVR Network vs Dolphin

Dolphin (POD) is 36.0× the size of ROVR Network (ROVR) by market capitalisation. Over the past 30 days, POD is ahead by 98.1 percentage points (ROVR -28.7% against POD +69.4%). Their daily returns move loosely in opposite directions (correlation -0.38 across 36 shared trading days). POD has been the more volatile of the two, at 264% annualised against ROVR's 135%.

Correlation: -0.38
Size ratio: 1 : 36.0
Ahead over 30 days: POD

ROVR NetworkROVR

$0.000116

24h: +0.69%
Market cap: $1.15M
Volume 24h: $119
Volatility (ann.): 135%

DolphinPOD

$0.494675

24h: -3.21%
Market cap: $41.54M
Volume 24h: $5.05M
Volatility (ann.): 264%

ROVR 2.7%Share of the two combined market caps97.3% POD

Performance

ROVRPOD

7 days-12.72%-13.71%ROVR
30 days-28.67%+69.40%POD

Correlation

-0.38over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4490d: 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	ROVR	POD
Max drawdown (400d)	-39.9%	-44.0%
Risk-adjusted return (90d)	-0.27	0.05

Relative strength over 90 days: POD outperformed ROVR by 52.1% — measured on the ROVR/POD ratio, so it holds regardless of market direction.

ROVR Network →Dolphin →