YURU COIN [OLD] (YURU) and Shiba Inu (SHIB) compared side by side. Their daily returns move barely together (correlation 0.00 across 35 shared trading days). YURU has been the more volatile of the two, at 289% annualised against SHIB's 69%.
YURUSHIB
0.00over 35 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 | YURU | SHIB |
|---|---|---|
| Max drawdown (400d) | -49.9% | -68.0% |
| Risk-adjusted return (90d) | 0.14 | -0.08 |
| Best 30 days (past year) | — | +39.1% |
| Worst 30 days (past year) | — | -38.4% |
Relative strength over 90 days: YURU outperformed SHIB by 52.5% — measured on the YURU/SHIB ratio, so it holds regardless of market direction.