Bonk (BONK) is 517.2× the size of Shitzu (SHITZU) by market capitalisation. Their daily returns move barely together (correlation 0.09 across 25 shared trading days). SHITZU has been the more volatile of the two, at 87123% annualised against BONK's 100%.
SHITZUBONK
0.09over 25 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 | SHITZU | BONK |
|---|---|---|
| Max drawdown (400d) | -73.2% | -89.7% |
| Risk-adjusted return (90d) | 0.68 | 0.09 |
| Best 30 days (past year) | — | +37.0% |
| Worst 30 days (past year) | — | -51.0% |
Relative strength over 90 days: SHITZU outperformed BONK by 75214.2% — measured on the SHITZU/BONK ratio, so it holds regardless of market direction.