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Shit Piss Skin Can vs Official Trump

Official Trump (TRUMP) is 2151.3× the size of Shit Piss Skin Can (SPSC) by market capitalisation. Their daily returns move barely together (correlation 0.17 across 39 shared trading days). SPSC has been the more volatile of the two, at 367% annualised against TRUMP's 97%.

Correlation
0.17
Size ratio
1 : 2151.3
Shit Piss Skin CanSPSC

$0.000165

24h
-6.15%
Market cap
$164,907
Volume 24h
$29,803
Volatility (ann.)
367%
Official TrumpTRUMP

$1.2610

24h
-17.11%
Market cap
$354.76M
Volume 24h
$417.23M
Volatility (ann.)
97%
SPSC 0.0%Share of the two combined market caps100.0% TRUMP

Performance

SPSCTRUMP

  1. 7 days-11.37%-26.50%SPSC
  2. 30 days-23.94%-38.26%SPSC
  3. 90 days—-14.25%—
  4. 1 year—-81.75%—

Correlation

0.17over 39 shared trading days

−1 opposite0 unrelated+1 in step
7d: insufficient data30d: 0.1890d: 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

MetricSPSCTRUMP
Max drawdown (400d)-55.8%-85.7%
Risk-adjusted return (90d)0.00-0.11
Best 30 days (past year)—+87.1%
Worst 30 days (past year)—-42.0%

Relative strength over 90 days: SPSC outperformed TRUMP by 81.1% — measured on the SPSC/TRUMP ratio, so it holds regardless of market direction.