WeFi vs Amp

WeFi (WFI) and Amp (AMP) compared side by side. Their daily returns move barely together (correlation 0.06 across 34 shared trading days). AMP has been the more volatile of the two, at 97% annualised against WFI's 42%.

Correlation: 0.06

WeFiWFI

$2.0300

24h: +0.50%
Market cap: —
Volume 24h: $1.65M
Volatility (ann.): 42%

AmpAMP

$0.000679

24h: +1.64%
Market cap: $60.98M
Volume 24h: $8.63M
Volatility (ann.): 97%

WFI 0.0%Share of the two combined market caps100.0% AMP

Performance

WFIAMP

7 days+0.05%-4.14%WFI
30 days+1.01%+10.49%AMP
90 days—+76.40%—
1 year—-70.12%—

Correlation

0.06over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	WFI	AMP
Max drawdown (400d)	-9.7%	-88.8%
Risk-adjusted return (90d)	0.00	0.47
Best 30 days (past year)	—	+89.6%
Worst 30 days (past year)	—	-45.8%

Relative strength over 90 days: AMP outperformed WFI by 9.8% — measured on the WFI/AMP ratio, so it holds regardless of market direction.

WeFi →Amp →