Nexpace (NXPC) is 3.1× the size of Animecoin (ANIME) by market capitalisation. Over the past 1 year, NXPC is ahead by 15.6 percentage points (ANIME -61.5% against NXPC -45.9%). Their daily returns move loosely together (correlation 0.49 across 399 shared trading days). ANIME has been the more volatile of the two, at 101% annualised against NXPC's 81%.
ANIMENXPC
0.49over 399 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 | ANIME | NXPC |
|---|---|---|
| Max drawdown (400d) | -84.2% | -72.0% |
| Risk-adjusted return (90d) | 0.10 | -0.42 |
| Best 30 days (past year) | +49.5% | +52.4% |
| Worst 30 days (past year) | -44.7% | -38.0% |
Relative strength over 90 days: ANIME outperformed NXPC by 56.5% — measured on the ANIME/NXPC ratio, so it holds regardless of market direction.