The Golden Goose (GOOSE) and Arc Inu (AI) compared side by side. Their daily returns move barely together (correlation 0.22 across 24 shared trading days). AI has been the more volatile of the two, at 323% annualised against GOOSE's 243%.
GOOSEAI
0.22over 24 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 | GOOSE | AI |
|---|---|---|
| Max drawdown (400d) | -74.0% | -71.2% |
| Risk-adjusted return (90d) | -0.30 | -0.22 |
Relative strength over 90 days: AI outperformed GOOSE by 34.8% — measured on the GOOSE/AI ratio, so it holds regardless of market direction.