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You’ll Own Nothing and Be Happy vs Official Trump

Official Trump (TRUMP) is 2349.9× the size of You’ll Own Nothing and Be Happy (NOTHING) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 39 shared trading days). NOTHING has been the more volatile of the two, at 248% annualised against TRUMP's 97%.

Correlation
0.36
Size ratio
1 : 2349.9
You’ll Own Nothing and Be HappyNOTHING

$0.000151

24h
+3.97%
Market cap
$150,970
Volume 24h
$28,499
Volatility (ann.)
248%
Official TrumpTRUMP

$1.2640

24h
-17.11%
Market cap
$354.76M
Volume 24h
$417.23M
Volatility (ann.)
97%
NOTHING 0.0%Share of the two combined market caps100.0% TRUMP

Performance

NOTHINGTRUMP

  1. 7 days+0.95%-26.50%NOTHING
  2. 30 days-52.77%-38.26%TRUMP
  3. 90 days—-14.25%—
  4. 1 year—-81.75%—

Correlation

0.36over 39 shared trading days

−1 opposite0 unrelated+1 in step
7d: insufficient data30d: 0.3490d: 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

MetricNOTHINGTRUMP
Max drawdown (400d)-70.0%-85.7%
Risk-adjusted return (90d)-0.25-0.11
Best 30 days (past year)—+87.1%
Worst 30 days (past year)—-42.0%

Relative strength over 90 days: TRUMP outperformed NOTHING by 30.3% — measured on the NOTHING/TRUMP ratio, so it holds regardless of market direction.