StonkCat (STONKCAT) and Bordrless (BORDR) compared side by side. Over the past 30 days, STONKCAT is ahead by 1559.6 percentage points (STONKCAT +1460.2% against BORDR -99.5%). Their daily returns move barely in opposite directions (correlation -0.28 across 23 shared trading days). STONKCAT has been the more volatile of the two, at 7663% annualised against BORDR's 944%.
STONKCATBORDR
-0.28over 23 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 | STONKCAT | BORDR |
|---|---|---|
| Max drawdown (400d) | -63.4% | -99.8% |
| Risk-adjusted return (90d) | 0.19 | -0.10 |
Relative strength over 90 days: BORDR outperformed STONKCAT by 13.7% — measured on the STONKCAT/BORDR ratio, so it holds regardless of market direction.