Aster (ASTER) is 1932.8× the size of Storm Trade (STORM) by market capitalisation. Their daily returns move barely together (correlation 0.21 across 31 shared trading days). ASTER has been the more volatile of the two, at 90% annualised against STORM's 55%.
STORMASTER
0.21over 31 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 | STORM | ASTER |
|---|---|---|
| Max drawdown (400d) | -31.4% | -77.3% |
| Risk-adjusted return (90d) | -0.55 | 0.31 |
| Best 30 days (past year) | — | +47.6% |
| Worst 30 days (past year) | — | -51.6% |
Relative strength over 90 days: ASTER outperformed STORM by 25.8% — measured on the STORM/ASTER ratio, so it holds regardless of market direction.