Aster (ASTER) is 85792.7× the size of Superp (SUP) by market capitalisation. Their daily returns move barely together (correlation 0.04 across 111 shared trading days). SUP has been the more volatile of the two, at 210% annualised against ASTER's 90%.
SUPASTER
0.04over 111 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 | SUP | ASTER |
|---|---|---|
| Max drawdown (400d) | -97.9% | -77.3% |
| Risk-adjusted return (90d) | -0.45 | 0.35 |
| Best 30 days (past year) | — | +47.6% |
| Worst 30 days (past year) | — | -51.6% |
Relative strength over 90 days: ASTER outperformed SUP by 96.0% — measured on the SUP/ASTER ratio, so it holds regardless of market direction.