Fluid (FLUID) is 534.9× the size of THORWallet (TITN) by market capitalisation. Their daily returns move closely together (correlation 0.79 across 45 shared trading days). FLUID has been the more volatile of the two, at 228% annualised against TITN's 146%.
TITNFLUID
0.79over 45 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 | TITN | FLUID |
|---|---|---|
| Max drawdown (400d) | -98.5% | -27.4% |
| Risk-adjusted return (90d) | 0.36 | 0.52 |
Relative strength over 90 days: FLUID outperformed TITN by 40.1% — measured on the TITN/FLUID ratio, so it holds regardless of market direction.