Surge vs Tradoor

Tradoor (TRADOOR) is 50.0× the size of Surge (SURGE) by market capitalisation. Over the past 30 days, TRADOOR is ahead by 53.9 percentage points (SURGE -66.3% against TRADOOR -12.4%). Their daily returns move barely together (correlation 0.19 across 26 shared trading days). SURGE has been the more volatile of the two, at 121% annualised against TRADOOR's 82%.

Correlation: 0.19
Size ratio: 1 : 50.0
Ahead over 30 days: TRADOOR

SurgeSURGE

$0.006620

24h: +1.04%
Market cap: $165,506
Volume 24h: $37
Volatility (ann.): 121%

TradoorTRADOOR

$0.576751

24h: -1.87%
Market cap: $8.28M
Volume 24h: $1.38M
Volatility (ann.): 82%

SURGE 2.0%Share of the two combined market caps98.0% TRADOOR

Performance

SURGETRADOOR

7 days-18.20%-5.66%TRADOOR
30 days-66.28%-12.42%TRADOOR

Correlation

0.19over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	SURGE	TRADOOR
Max drawdown (400d)	-66.8%	-23.6%
Risk-adjusted return (90d)	-0.55	-0.03

Relative strength over 90 days: TRADOOR outperformed SURGE by 63.5% — measured on the SURGE/TRADOOR ratio, so it holds regardless of market direction.

Surge →Tradoor →