Pump.fun (PUMP) is 56433.4× the size of 神马 (神马) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.00 across 188 shared trading days). 神马 has been the more volatile of the two, at 410% annualised against PUMP's 127%.
神马PUMP
-0.00over 188 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 | 神马 | PUMP |
|---|---|---|
| Max drawdown (400d) | -99.3% | -83.1% |
| Risk-adjusted return (90d) | -0.84 | 0.53 |
| Best 30 days (past year) | — | +185.0% |
| Worst 30 days (past year) | — | -43.2% |
Relative strength over 90 days: PUMP outperformed 神马 by 96.0% — measured on the 神马/PUMP ratio, so it holds regardless of market direction.