LayerX vs Quack AI

Quack AI (Q) is 466.0× the size of LayerX (LX) by market capitalisation. Over the past 30 days, Q is ahead by 58.0 percentage points (LX -38.1% against Q +19.9%). Their daily returns move barely together (correlation 0.12 across 21 shared trading days). Q has been the more volatile of the two, at 830% annualised against LX's 143%.

Correlation: 0.12
Size ratio: 1 : 466.0
Ahead over 30 days: Q

LayerXLX

$3.000e-5

24h: +4.16%
Market cap: $299,983
Volume 24h: $112
Volatility (ann.): 143%

Quack AIQ

$0.028637

24h: +1.78%
Market cap: $139.78M
Volume 24h: $13.72M
Volatility (ann.): 830%

LX 0.2%Share of the two combined market caps99.8% Q

Performance

LXQ

7 days-20.58%-44.85%LX
30 days-38.07%+19.90%Q

Correlation

0.12over 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	LX	Q
Max drawdown (400d)	-44.6%	-85.5%
Risk-adjusted return (90d)	-0.28	0.05

Relative strength over 90 days: LX outperformed Q by 29.3% — measured on the LX/Q ratio, so it holds regardless of market direction.

LayerX →Quack AI →