Based USA vs Non-Playable Coin

Non-Playable Coin (NPC) is 3144.6× the size of Based USA (USA) by market capitalisation. Over the past 30 days, USA is ahead by 3.2 percentage points (USA -12.6% against NPC -15.8%). Their daily returns move loosely together (correlation 0.41 across 23 shared trading days). NPC has been the more volatile of the two, at 162% annualised against USA's 59%.

Correlation: 0.41
Size ratio: 1 : 3144.6
Ahead over 30 days: USA

Based USAUSA

$3.928e-5

24h: +7.15%
Market cap: $39,291
Volume 24h: $47
Volatility (ann.): 59%

Non-Playable CoinNPC

$0.015328

24h: -13.86%
Market cap: $123.55M
Volume 24h: $2.32M
Volatility (ann.): 162%

USA 0.0%Share of the two combined market caps100.0% NPC

Performance

USANPC

7 days+2.19%+3.65%NPC
30 days-12.56%-15.77%USA

Correlation

0.41over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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

Metric	USA	NPC
Max drawdown (400d)	-28.3%	-34.4%
Risk-adjusted return (90d)	-0.34	1.52

Relative strength over 90 days: USA outperformed NPC by 3.0% — measured on the USA/NPC ratio, so it holds regardless of market direction.

Based USA →Non-Playable Coin →