Sigma vs Not in Employment, Education, or Training

Not in Employment, Education, or Training (NEET) is 28.4× the size of Sigma (SIGMA) by market capitalisation. Over the past 30 days, NEET is ahead by 18.0 percentage points (SIGMA -17.9% against NEET +0.2%). Their daily returns move loosely together (correlation 0.44 across 37 shared trading days). NEET has been the more volatile of the two, at 235% annualised against SIGMA's 129%.

Correlation: 0.44
Size ratio: 1 : 28.4
Ahead over 30 days: NEET

SigmaSIGMA

$0.001117

24h: +6.49%
Market cap: $1.01M
Volume 24h: $9,415
Volatility (ann.): 129%

Not in Employment, Education, or TrainingNEET

$0.028532

24h: -2.36%
Market cap: $28.52M
Volume 24h: $829,349
Volatility (ann.): 235%

SIGMA 3.4%Share of the two combined market caps96.6% NEET

Performance

SIGMANEET

7 days-10.03%-3.22%NEET
30 days-17.87%+0.16%NEET

Correlation

0.44over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	SIGMA	NEET
Max drawdown (400d)	-34.3%	-53.1%
Risk-adjusted return (90d)	-0.26	-0.05

Relative strength over 90 days: NEET outperformed SIGMA by 18.5% — measured on the SIGMA/NEET ratio, so it holds regardless of market direction.

Sigma →Not in Employment, Education, or Training →