True vs Dexsport

True (TRUE) is 1.9× the size of Dexsport (DESU) by market capitalisation. Over the past 30 days, TRUE is ahead by 1260.7 percentage points (TRUE +1283.9% against DESU +23.2%). Their daily returns move barely together (correlation 0.08 across 37 shared trading days). TRUE has been the more volatile of the two, at 2386% annualised against DESU's 125%.

Correlation: 0.08
Size ratio: 1.9×
Ahead over 30 days: TRUE

TrueTRUE

$0.195625

24h: +10.68%
Market cap: $18.96M
Volume 24h: $49,694
Volatility (ann.): 2386%

DexsportDESU

$0.018437

24h: -0.13%
Market cap: $10.14M
Volume 24h: $10,110
Volatility (ann.): 125%

TRUE 65.2%Share of the two combined market caps34.8% DESU

Performance

TRUEDESU

7 days+38.72%-1.29%TRUE
30 days+1283.87%+23.21%TRUE

Correlation

0.08over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	TRUE	DESU
Max drawdown (400d)	-49.1%	-9.0%
Risk-adjusted return (90d)	0.33	0.16

Relative strength over 90 days: TRUE outperformed DESU by 628.1% — measured on the TRUE/DESU ratio, so it holds regardless of market direction.

True →Dexsport →