BasedHype vs Non-Playable Coin

Non-Playable Coin (NPC) is 3.8× the size of BasedHype (BASEDHYPE) by market capitalisation. Over the past 30 days, BASEDHYPE is ahead by 25.0 percentage points (BASEDHYPE +2.4% against NPC -22.5%). Their daily returns move barely together (correlation 0.29 across 52 shared trading days). NPC has been the more volatile of the two, at 160% annualised against BASEDHYPE's 100%.

Correlation: 0.29
Size ratio: 1 : 3.8
Ahead over 30 days: BASEDHYPE

BasedHypeBASEDHYPE

$0.003413

24h: +0.00%
Market cap: $34.13M
Volume 24h: —
Volatility (ann.): 100%

Non-Playable CoinNPC

$0.016098

24h: +4.84%
Market cap: $129.59M
Volume 24h: $1.44M
Volatility (ann.): 160%

BASEDHYPE 20.8%Share of the two combined market caps79.2% NPC

Performance

BASEDHYPENPC

7 days+0.00%-9.20%BASEDHYPE
30 days+2.45%-22.54%BASEDHYPE

Correlation

0.29over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	BASEDHYPE	NPC
Max drawdown (400d)	-46.7%	-34.4%
Risk-adjusted return (90d)	-0.43	1.26

Relative strength over 90 days: NPC outperformed BASEDHYPE by 67.0% — measured on the BASEDHYPE/NPC ratio, so it holds regardless of market direction.

BasedHype →Non-Playable Coin →