RSIC•GENESIS•RUNE vs Pups (Bitcoin)

Pups (Bitcoin) (PUPS) is 1.1× the size of RSIC•GENESIS•RUNE (RSIC) by market capitalisation. Over the past 30 days, PUPS is ahead by 0.5 percentage points (RSIC -33.0% against PUPS -32.5%). Their daily returns move barely together (correlation 0.10 across 30 shared trading days). PUPS has been the more volatile of the two, at 231% annualised against RSIC's 174%.

Correlation: 0.10
Size ratio: 1 : 1.1
Ahead over 30 days: PUPS

RSIC•GENESIS•RUNERSIC

$0.000121

24h: —
Market cap: $2.55M
Volume 24h: —
Volatility (ann.): 174%

Pups (Bitcoin)PUPS

$0.002771

24h: +0.85%
Market cap: $2.77M
Volume 24h: $7,863
Volatility (ann.): 231%

RSIC 47.9%Share of the two combined market caps52.1% PUPS

Performance

RSICPUPS

7 days-9.35%-34.73%RSIC
30 days-33.04%-32.53%PUPS

Correlation

0.10over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	RSIC	PUPS
Max drawdown (400d)	-46.2%	-58.7%
Risk-adjusted return (90d)	-0.19	-0.17

Relative strength over 90 days: PUPS outperformed RSIC by 29.9% — measured on the RSIC/PUPS ratio, so it holds regardless of market direction.

RSIC•GENESIS•RUNE →Pups (Bitcoin) →