Official Trump (TRUMP) is 41889.3× the size of The Chubby Elephant (ชั้ง) by market capitalisation. Their daily returns move barely together (correlation 0.05 across 33 shared trading days). Both have run at a similar volatility, around 92% annualised.
ชั้งTRUMP
0.05over 33 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 | ชั้ง | TRUMP |
|---|---|---|
| Max drawdown (400d) | -15.1% | -85.7% |
| Risk-adjusted return (90d) | -0.01 | -0.11 |
| Best 30 days (past year) | — | +87.1% |
| Worst 30 days (past year) | — | -42.0% |
Relative strength over 90 days: ชั้ง outperformed TRUMP by 60.4% — measured on the ชั้ง/TRUMP ratio, so it holds regardless of market direction.