Persistence One (XPRT) is 27.5× the size of Teleport System Token (TST) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.08 across 183 shared trading days). XPRT has been the more volatile of the two, at 257% annualised against TST's 213%.
TSTXPRT
-0.08over 183 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 | TST | XPRT |
|---|---|---|
| Max drawdown (400d) | -84.8% | -95.7% |
| Risk-adjusted return (90d) | -0.28 | 0.27 |
| Best 30 days (past year) | — | +275.2% |
| Worst 30 days (past year) | — | -78.2% |
Relative strength over 90 days: TST outperformed XPRT by 31.5% — measured on the TST/XPRT ratio, so it holds regardless of market direction.