Singularity is NEAR (SINGULARTY) and Three (THREE) compared side by side. Over the past 30 days, SINGULARTY is ahead by 35.2 percentage points (SINGULARTY -56.0% against THREE -91.1%). Their daily returns move barely together (correlation 0.11 across 29 shared trading days). SINGULARTY has been the more volatile of the two, at 466% annualised against THREE's 387%.
SINGULARTYTHREE
0.11over 29 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 | SINGULARTY | THREE |
|---|---|---|
| Max drawdown (400d) | -88.5% | -91.1% |
| Risk-adjusted return (90d) | -0.13 | -0.24 |
Relative strength over 90 days: SINGULARTY outperformed THREE by 225.1% — measured on the SINGULARTY/THREE ratio, so it holds regardless of market direction.