Virtuals Protocol (VIRTUAL) is 11273.9× the size of STAKR (STAKR) by market capitalisation. Their daily returns move barely together (correlation 0.09 across 146 shared trading days). STAKR has been the more volatile of the two, at 403% annualised against VIRTUAL's 119%.
STAKRVIRTUAL
0.09over 146 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 | STAKR | VIRTUAL |
|---|---|---|
| Max drawdown (400d) | -90.3% | -71.7% |
| Risk-adjusted return (90d) | -0.26 | 0.00 |
| Best 30 days (past year) | — | +47.4% |
| Worst 30 days (past year) | — | -54.7% |
Relative strength over 90 days: VIRTUAL outperformed STAKR by 5.8% — measured on the STAKR/VIRTUAL ratio, so it holds regardless of market direction.