Strategic Bitcoin Reserve vs TROLL

TROLL (TROLL) is 415.8× the size of Strategic Bitcoin Reserve (SBR) by market capitalisation. Over the past 30 days, SBR is ahead by 25.9 percentage points (SBR -12.8% against TROLL -38.7%). Their daily returns move barely together (correlation 0.34 across 20 shared trading days). TROLL has been the more volatile of the two, at 197% annualised against SBR's 75%.

Correlation: 0.34
Size ratio: 1 : 415.8
Ahead over 30 days: SBR

Strategic Bitcoin ReserveSBR

$7.231e-5

24h: +8.16%
Market cap: $72,286
Volume 24h: $73
Volatility (ann.): 75%

TROLLTROLL

$0.030097

24h: +3.32%
Market cap: $30.06M
Volume 24h: $1.53M
Volatility (ann.): 197%

SBR 0.2%Share of the two combined market caps99.8% TROLL

Performance

SBRTROLL

7 days-2.95%-13.09%SBR
30 days-12.76%-38.70%SBR

Correlation

0.34over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SBR	TROLL
Max drawdown (400d)	-30.4%	-61.0%
Risk-adjusted return (90d)	-0.29	-0.20

Relative strength over 90 days: SBR outperformed TROLL by 29.7% — measured on the SBR/TROLL ratio, so it holds regardless of market direction.

Strategic Bitcoin Reserve →TROLL →