peaq (PEAQ) is 10.7× the size of XMAQUINA (DEUS) by market capitalisation. Their daily returns move closely together (correlation 0.63 across 46 shared trading days). Both have run at a similar volatility, around 158% annualised.
DEUSPEAQ
0.63over 46 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 | DEUS | PEAQ |
|---|---|---|
| Max drawdown (400d) | -58.5% | -33.1% |
| Risk-adjusted return (90d) | -0.30 | 0.54 |
Relative strength over 90 days: PEAQ outperformed DEUS by 67.5% — measured on the DEUS/PEAQ ratio, so it holds regardless of market direction.