STRIKE vs Shuffle

Shuffle (SHFL) is 1757.4× the size of STRIKE (STRIKE) by market capitalisation. Over the past 30 days, SHFL is ahead by 60.6 percentage points (STRIKE -38.4% against SHFL +22.1%). Their daily returns move barely in opposite directions (correlation -0.03 across 21 shared trading days). SHFL has been the more volatile of the two, at 171% annualised against STRIKE's 52%.

Correlation: -0.03
Size ratio: 1 : 1757.4
Ahead over 30 days: SHFL

STRIKESTRIKE

$2.422e-5

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

ShuffleSHFL

$0.373740

24h: -2.35%
Market cap: $187.31M
Volume 24h: $713,697
Volatility (ann.): 171%

STRIKE 0.1%Share of the two combined market caps99.9% SHFL

Performance

STRIKESHFL

7 days-13.40%-21.31%STRIKE
30 days-38.44%+22.13%SHFL

Correlation

-0.03over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SHFL
Max drawdown (400d)	-40.7%	-41.4%
Risk-adjusted return (90d)	-0.73	0.18

Relative strength over 90 days: SHFL outperformed STRIKE by 2.4% — measured on the STRIKE/SHFL ratio, so it holds regardless of market direction.

STRIKE →Shuffle →