Overtime (OVER) is 3.7× the size of Scor (SCOR) by market capitalisation. Their daily returns move closely together (correlation 0.72 across 35 shared trading days). SCOR has been the more volatile of the two, at 180% annualised against OVER's 36%.
SCOROVER
0.72over 35 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 | SCOR | OVER |
|---|---|---|
| Max drawdown (400d) | -79.5% | -20.9% |
| Risk-adjusted return (90d) | -0.40 | -0.46 |
Relative strength over 90 days: OVER outperformed SCOR by 34.9% — measured on the SCOR/OVER ratio, so it holds regardless of market direction.