Hunter Biden's Laptop (LAPTOP) is 2.7× the size of The Stonks Exchange (STONKEX) by market capitalisation. Their daily returns move loosely together (correlation 0.47 across 20 shared trading days). STONKEX has been the more volatile of the two, at 473% annualised against LAPTOP's 195%.
$0.002752
$0.043114
STONKEXLAPTOP
0.47over 20 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 | STONKEX | LAPTOP |
|---|---|---|
| Max drawdown (400d) | -88.6% | -60.9% |
| Risk-adjusted return (90d) | -0.19 | -0.30 |
Relative strength over 90 days: LAPTOP outperformed STONKEX by 10.8% — measured on the STONKEX/LAPTOP ratio, so it holds regardless of market direction.