Troll vs SPX6900

SPX6900 (SPX) is 407.9× the size of Troll (TROLL) by market capitalisation. Over the past 30 days, SPX is ahead by 10.0 percentage points (TROLL -34.3% against SPX -24.3%). Their daily returns move barely together (correlation 0.29 across 23 shared trading days). SPX has been the more volatile of the two, at 113% annualised against TROLL's 68%.

Correlation: 0.29
Size ratio: 1 : 407.9
Ahead over 30 days: SPX

TrollTROLL

$8.800e-10

24h: +1.62%
Market cap: $845,182
Volume 24h: $2,390
Volatility (ann.): 68%

SPX6900SPX

$0.370336

24h: +3.76%
Market cap: $344.75M
Volume 24h: $8.65M
Volatility (ann.): 113%

TROLL 0.2%Share of the two combined market caps99.8% SPX

Performance

TROLLSPX

7 days-3.11%-3.77%TROLL
30 days-34.33%-24.31%SPX

Correlation

0.29over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	TROLL	SPX
Max drawdown (400d)	-37.0%	-42.9%
Risk-adjusted return (90d)	-0.51	0.14

Relative strength over 90 days: SPX outperformed TROLL by 33.1% — measured on the TROLL/SPX ratio, so it holds regardless of market direction.

Troll →SPX6900 →