Tradoor vs Bedrock

Bedrock (BR) is 16.1× the size of Tradoor (TRADOOR) by market capitalisation. Over the past 30 days, BR is ahead by 59.8 percentage points (TRADOOR -8.6% against BR +51.2%). Their daily returns move barely together (correlation 0.04 across 35 shared trading days). BR has been the more volatile of the two, at 524% annualised against TRADOOR's 81%.

Correlation: 0.04
Size ratio: 1 : 16.1
Ahead over 30 days: BR

TradoorTRADOOR

$0.591464

24h: +2.55%
Market cap: $8.49M
Volume 24h: $1.40M
Volatility (ann.): 81%

BedrockBR

$0.460945

24h: -0.98%
Market cap: $136.69M
Volume 24h: $2.17M
Volatility (ann.): 524%

TRADOOR 5.8%Share of the two combined market caps94.2% BR

Performance

TRADOORBR

7 days-9.28%-0.81%BR
30 days-8.63%+51.18%BR

Correlation

0.04over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: insufficient data1y: insufficient data

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.

Risk & extremes

Metric	TRADOOR	BR
Max drawdown (400d)	-23.6%	-62.7%
Risk-adjusted return (90d)	-0.04	0.26

Relative strength over 90 days: BR outperformed TRADOOR by 53.1% — measured on the TRADOOR/BR ratio, so it holds regardless of market direction.

Tradoor →Bedrock →