Wrapped 0G (W0G) and GREEN MORNING (GM) compared side by side. Over the past 30 days, W0G is ahead by 51.6 percentage points (W0G -48.2% against GM -99.8%). Their daily returns move barely together (correlation 0.02 across 42 shared trading days). GM has been the more volatile of the two, at 554548% annualised against W0G's 84%.
W0GGM
0.02over 42 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 | W0G | GM |
|---|---|---|
| Max drawdown (400d) | -55.4% | -100.0% |
| Risk-adjusted return (90d) | -0.65 | 0.00 |
Relative strength over 90 days: GM outperformed W0G by 62.7% — measured on the W0G/GM ratio, so it holds regardless of market direction.