UpRock vs Grass

Grass (GRASS) is 741.9× the size of UpRock (UPT) by market capitalisation. Over the past 30 days, GRASS is ahead by 85.9 percentage points (UPT -7.7% against GRASS +78.2%). Their daily returns move loosely together (correlation 0.47 across 23 shared trading days). GRASS has been the more volatile of the two, at 212% annualised against UPT's 16%.

Correlation: 0.47
Size ratio: 1 : 741.9
Ahead over 30 days: GRASS

UpRockUPT

$0.001582

24h: -0.06%
Market cap: $557,852
Volume 24h: $649
Volatility (ann.): 16%

GrassGRASS

$0.573373

24h: +5.02%
Market cap: $413.89M
Volume 24h: $21.49M
Volatility (ann.): 212%

UPT 0.1%Share of the two combined market caps99.9% GRASS

Performance

UPTGRASS

7 days-2.78%-15.26%UPT
30 days-7.69%+78.19%GRASS

Correlation

0.47over 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	UPT	GRASS
Max drawdown (400d)	-9.5%	-25.3%
Risk-adjusted return (90d)	-0.47	0.36

Relative strength over 90 days: UPT outperformed GRASS by 17.1% — measured on the UPT/GRASS ratio, so it holds regardless of market direction.

UpRock →Grass →