STRIKE vs Jackpotter

Jackpotter ($JPT) is 219.3× the size of STRIKE (STRIKE) by market capitalisation. Over the past 30 days, STRIKE is ahead by 2.3 percentage points (STRIKE -38.4% against $JPT -40.7%). Their daily returns move barely together (correlation 0.10 across 30 shared trading days). $JPT has been the more volatile of the two, at 89% annualised against STRIKE's 52%.

Correlation: 0.10
Size ratio: 1 : 219.3
Ahead over 30 days: STRIKE

STRIKESTRIKE

$2.422e-5

24h: —
Market cap: $106,581
Volume 24h: $249
Volatility (ann.): 52%

Jackpotter$JPT

$0.023390

24h: +6.86%
Market cap: $23.38M
Volume 24h: $19
Volatility (ann.): 89%

STRIKE 0.5%Share of the two combined market caps99.5% $JPT

Performance

STRIKE$JPT

7 days-13.40%+0.45%$JPT
30 days-38.44%-40.71%STRIKE

Correlation

0.10over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	STRIKE	$JPT
Max drawdown (400d)	-40.7%	-46.5%
Risk-adjusted return (90d)	-0.73	-0.47

Relative strength over 90 days: STRIKE outperformed $JPT by 7.3% — measured on the STRIKE/$JPT ratio, so it holds regardless of market direction.

STRIKE →Jackpotter →