SUUB vs Achi
SUUB (SUUB) and Achi (ACH) compared side by side. Their daily returns move loosely together (correlation 0.40 across 27 shared trading days). Both have run at a similar volatility, around 72% annualised.
- Correlation
- 0.40
Performance
SUUBACH
- 7 daysACH
- 30 daysACH
- 90 days—
- 1 year—
Correlation
0.40over 27 shared trading days
−1 opposite0 unrelated+1 in step
7d: insufficient data30d: 0.4090d: 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 | SUUB | ACH |
|---|---|---|
| Max drawdown (400d) | -43.4% | -72.3% |
| Risk-adjusted return (90d) | -0.63 | 0.05 |
| Best 30 days (past year) | — | +62.8% |
| Worst 30 days (past year) | — | -41.8% |
Relative strength over 90 days: ACH outperformed SUUB by 22.9% — measured on the SUUB/ACH ratio, so it holds regardless of market direction.