On the year,
Safe assets outperformed risky assets.
Safe assets gained almost 2.5% post Brexit
While risky assets gained 3.9% since their Brexit lows
One of those is lying.
The math is simple for the most part because I mostly aiming for direction of movement. The only thing worth noting is I had to multiply JPYUSD by 10000 to get it to be in the same range of decimals as the other tickers
For indices, I simply added them up with no adjustments, again...I'm looking for direction only.
SPX500 - 5.77%
JPN225 - 5.00%
Average for risky = 8.06% from low to close
VGIT - 1.36%
VGLT - 5.97%
VGSH - 0.29%
BPM - 8.16%
JPYUSD - 4.28%
Average for safe assets = 4.01% from low to close
I summery, based on individual daily candle charts (where as the original chart is a line chart)
Risky assets gained 2% for every 1% safe assets gained since Brexit lows
Regardless of whether they go up or down,
when they move in the same direction, you get a positive correlation coefficient - "CC" for short
when they move in opposite directions, you get a negative CC
Since the start of the year there has been a negative CC between the two asset classes 83.5% of the time.