VitaRNA vs The Innovation Game

The Innovation Game (TIG) is 22.7× the size of VitaRNA (VITARNA) by market capitalisation. Over the past 30 days, TIG is ahead by 32.0 percentage points (VITARNA -48.5% against TIG -16.5%). Their daily returns move closely together (correlation 0.64 across 37 shared trading days). TIG has been the more volatile of the two, at 153% annualised against VITARNA's 130%.

Correlation: 0.64
Size ratio: 1 : 22.7
Ahead over 30 days: TIG

VitaRNAVITARNA

$0.351796

24h: +1.04%
Market cap: $872,684
Volume 24h: $2,135
Volatility (ann.): 130%

The Innovation GameTIG

$0.527037

24h: -4.37%
Market cap: $19.78M
Volume 24h: $363,629
Volatility (ann.): 153%

VITARNA 4.2%Share of the two combined market caps95.8% TIG

Performance

VITARNATIG

7 days-5.17%-5.25%VITARNA
30 days-48.50%-16.46%TIG

Correlation

0.64over 37 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7190d: 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	VITARNA	TIG
Max drawdown (400d)	-53.6%	-46.1%
Risk-adjusted return (90d)	-0.34	-0.20

Relative strength over 90 days: TIG outperformed VITARNA by 24.3% — measured on the VITARNA/TIG ratio, so it holds regardless of market direction.

VitaRNA →The Innovation Game →