Beefy-escrowed Sonic vs Kinetiq

Kinetiq (KNTQ) is 12658.8× the size of Beefy-escrowed Sonic (BES) by market capitalisation. Over the past 30 days, KNTQ is ahead by 73.4 percentage points (BES +56.4% against KNTQ +129.8%). Their daily returns move closely together (correlation 0.70 across 21 shared trading days). KNTQ has been the more volatile of the two, at 201% annualised against BES's 89%.

Correlation: 0.70
Size ratio: 1 : 12658.8
Ahead over 30 days: KNTQ

Beefy-escrowed SonicBES

$0.040533

24h: +7.31%
Market cap: $11,423
Volume 24h: $81
Volatility (ann.): 89%

KinetiqKNTQ

$0.451149

24h: -10.17%
Market cap: $144.60M
Volume 24h: $5.30M
Volatility (ann.): 201%

BES 0.0%Share of the two combined market caps100.0% KNTQ

Performance

BESKNTQ

7 days+33.52%+0.17%BES
30 days+56.39%+129.79%KNTQ

Correlation

0.70over 21 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	BES	KNTQ
Max drawdown (400d)	-8.7%	-24.5%
Risk-adjusted return (90d)	0.63	1.08

Relative strength over 90 days: KNTQ outperformed BES by 31.6% — measured on the BES/KNTQ ratio, so it holds regardless of market direction.

Beefy-escrowed Sonic →Kinetiq →