Searxly vs Presearch

Presearch (PRE) is 11.1× the size of Searxly (SEARXLY) by market capitalisation. Over the past 30 days, SEARXLY is ahead by 16.7 percentage points (SEARXLY -25.2% against PRE -41.9%). Their daily returns move barely together (correlation 0.33 across 28 shared trading days). PRE has been the more volatile of the two, at 186% annualised against SEARXLY's 59%.

Correlation: 0.33
Size ratio: 1 : 11.1
Ahead over 30 days: SEARXLY

SearxlySEARXLY

$2.875e-7

24h: +7.10%
Market cap: $28,751
Volume 24h: $33
Volatility (ann.): 59%

PresearchPRE

$0.000343

24h: -0.85%
Market cap: $319,718
Volume 24h: $26
Volatility (ann.): 186%

SEARXLY 8.3%Share of the two combined market caps91.7% PRE

Performance

SEARXLYPRE

7 days-5.80%-14.82%SEARXLY
30 days-25.19%-41.93%SEARXLY

Correlation

0.33over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	SEARXLY	PRE
Max drawdown (400d)	-25.3%	-60.6%
Risk-adjusted return (90d)	-0.43	-0.31

Relative strength over 90 days: SEARXLY outperformed PRE by 77.0% — measured on the SEARXLY/PRE ratio, so it holds regardless of market direction.

Searxly →Presearch →