Unipeg vs PunkStrategy

PunkStrategy (PNKSTR) is 5.3× the size of Unipeg (UPEG) by market capitalisation. Over the past 30 days, PNKSTR is ahead by 43.4 percentage points (UPEG -19.5% against PNKSTR +23.8%). Their daily returns move barely together (correlation 0.16 across 39 shared trading days). UPEG has been the more volatile of the two, at 439% annualised against PNKSTR's 216%.

Correlation: 0.16
Size ratio: 1 : 5.3
Ahead over 30 days: PNKSTR

UnipegUPEG

$135.5700

24h: +1.42%
Market cap: $1.36M
Volume 24h: $38,731
Volatility (ann.): 439%

PunkStrategyPNKSTR

$0.008415

24h: -3.46%
Market cap: $7.18M
Volume 24h: $23,744
Volatility (ann.): 216%

UPEG 15.9%Share of the two combined market caps84.1% PNKSTR

Performance

UPEGPNKSTR

7 days-17.26%-9.74%PNKSTR
30 days-19.52%+23.83%PNKSTR

Correlation

0.16over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	UPEG	PNKSTR
Max drawdown (400d)	-53.8%	-53.5%
Risk-adjusted return (90d)	-0.12	0.06

Relative strength over 90 days: PNKSTR outperformed UPEG by 55.4% — measured on the UPEG/PNKSTR ratio, so it holds regardless of market direction.

Unipeg →PunkStrategy →