Sigma vs TROLL

TROLL (TROLL) is 29.9× the size of Sigma (SIGMA) by market capitalisation. Over the past 30 days, SIGMA is ahead by 20.8 percentage points (SIGMA -17.9% against TROLL -38.7%). Their daily returns move loosely together (correlation 0.54 across 33 shared trading days). TROLL has been the more volatile of the two, at 197% annualised against SIGMA's 129%.

Correlation: 0.54
Size ratio: 1 : 29.9
Ahead over 30 days: SIGMA

SigmaSIGMA

$0.001117

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

TROLLTROLL

$0.030097

24h: +3.32%
Market cap: $30.06M
Volume 24h: $1.53M
Volatility (ann.): 197%

SIGMA 3.2%Share of the two combined market caps96.8% TROLL

Performance

SIGMATROLL

7 days-10.03%-13.09%SIGMA
30 days-17.87%-38.70%SIGMA

Correlation

0.54over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	TROLL
Max drawdown (400d)	-34.3%	-61.0%
Risk-adjusted return (90d)	-0.26	-0.20

Relative strength over 90 days: SIGMA outperformed TROLL by 4.7% — measured on the SIGMA/TROLL ratio, so it holds regardless of market direction.

Sigma →TROLL →