WPAY (WPAY) and Litecoin (LTC) compared side by side. Over the past 1 year, WPAY is ahead by 559.2 percentage points (WPAY +525.2% against LTC -34.0%). Their daily returns move barely together (correlation 0.04 across 373 shared trading days). WPAY has been the more volatile of the two, at 100% annualised against LTC's 62%.
WPAYLTC
0.04over 373 shared trading days
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.
| Metric | WPAY | LTC |
|---|---|---|
| Max drawdown (400d) | -57.9% | -67.5% |
| Risk-adjusted return (90d) | 0.15 | 0.38 |
| Best 30 days (past year) | +184.7% | +45.4% |
| Worst 30 days (past year) | -41.9% | -39.5% |
Relative strength over 90 days: LTC outperformed WPAY by 5.3% — measured on the WPAY/LTC ratio, so it holds regardless of market direction.