Shuffle vs Jackpotter

Shuffle (SHFL) is 8.1× the size of Jackpotter ($JPT) by market capitalisation. Over the past 30 days, SHFL is ahead by 62.8 percentage points (SHFL +22.1% against $JPT -40.7%). Their daily returns move barely together (correlation 0.21 across 24 shared trading days). SHFL has been the more volatile of the two, at 171% annualised against $JPT's 89%.

Correlation: 0.21
Size ratio: 8.1×
Ahead over 30 days: SHFL

ShuffleSHFL

$0.377786

24h: -1.87%
Market cap: $189.29M
Volume 24h: $576,717
Volatility (ann.): 171%

Jackpotter$JPT

$0.023390

24h: +6.86%
Market cap: $23.38M
Volume 24h: $19
Volatility (ann.): 89%

SHFL 89.0%Share of the two combined market caps11.0% $JPT

Performance

SHFL$JPT

7 days-21.31%+0.45%$JPT
30 days+22.13%-40.71%SHFL

Correlation

0.21over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SHFL	$JPT
Max drawdown (400d)	-41.4%	-46.5%
Risk-adjusted return (90d)	0.18	-0.47

Relative strength over 90 days: SHFL outperformed $JPT by 63.4% — measured on the SHFL/$JPT ratio, so it holds regardless of market direction.

Shuffle →Jackpotter →