Aster (ASTER) is 151.7× the size of Rujira (RUJI) by market capitalisation. Over the past 1 year, ASTER is ahead by 52.3 percentage points (RUJI -75.7% against ASTER -23.5%). Their daily returns move barely together (correlation 0.28 across 358 shared trading days). Both have run at a similar volatility, around 97% annualised.
RUJIASTER
0.28over 358 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 | RUJI | ASTER |
|---|---|---|
| Max drawdown (400d) | -81.4% | -77.3% |
| Risk-adjusted return (90d) | 0.01 | 0.31 |
| Best 30 days (past year) | — | +47.6% |
| Worst 30 days (past year) | — | -51.6% |
Relative strength over 90 days: ASTER outperformed RUJI by 11.2% — measured on the RUJI/ASTER ratio, so it holds regardless of market direction.