Jupiter (JUP) is 514.5× the size of Symbiosis (SIS) by market capitalisation. Over the past 1 year, JUP is ahead by 51.3 percentage points (SIS -82.7% against JUP -31.3%). Their daily returns move barely together (correlation 0.12 across 373 shared trading days). SIS has been the more volatile of the two, at 127% annualised against JUP's 97%.
SISJUP
0.12over 373 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 | SIS | JUP |
|---|---|---|
| Max drawdown (400d) | -87.4% | -70.9% |
| Risk-adjusted return (90d) | -0.28 | 0.29 |
| Best 30 days (past year) | +115.1% | +68.3% |
| Worst 30 days (past year) | -70.1% | -41.5% |
Relative strength over 90 days: JUP outperformed SIS by 30.8% — measured on the SIS/JUP ratio, so it holds regardless of market direction.