Hamster Kombat (HMSTR) is 555.4× the size of Zoo (ZOO) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 185 shared trading days). Both have run at a similar volatility, around 138% annualised.
ZOOHMSTR
0.14over 185 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 | ZOO | HMSTR |
|---|---|---|
| Max drawdown (400d) | -100.0% | -81.1% |
| Risk-adjusted return (90d) | -0.50 | -0.61 |
| Best 30 days (past year) | — | +121.8% |
| Worst 30 days (past year) | — | -48.9% |
Relative strength over 90 days: HMSTR outperformed ZOO by 100.0% — measured on the ZOO/HMSTR ratio, so it holds regardless of market direction.