BULLA (BULLA) is 420.7× the size of SuperGrok (SUPERGROK) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.11 across 23 shared trading days). BULLA has been the more volatile of the two, at 623% annualised against SUPERGROK's 198%.
SUPERGROKBULLA
-0.11over 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 | SUPERGROK | BULLA |
|---|---|---|
| Max drawdown (400d) | -59.0% | -54.3% |
| Risk-adjusted return (90d) | -0.16 | 0.47 |
Relative strength over 90 days: BULLA outperformed SUPERGROK by 81.5% — measured on the SUPERGROK/BULLA ratio, so it holds regardless of market direction.