Ethereum (ETH) is 42161211.4× the size of Shakey AI (SHAKEY) by market capitalisation. Their daily returns move closely together (correlation 0.67 across 22 shared trading days). Both have run at a similar volatility, around 64% annualised.
SHAKEYETH
0.67over 22 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 | SHAKEY | ETH |
|---|---|---|
| Max drawdown (400d) | -25.5% | -66.5% |
| Risk-adjusted return (90d) | -0.35 | 0.50 |
| Best 30 days (past year) | — | +34.1% |
| Worst 30 days (past year) | — | -44.6% |
Relative strength over 90 days: ETH outperformed SHAKEY by 14.0% — measured on the SHAKEY/ETH ratio, so it holds regardless of market direction.