Bit2Me vs Cronos

Cronos (CRO) is 223.7× the size of Bit2Me (B2M) by market capitalisation. Over the past 30 days, CRO is ahead by 39.9 percentage points (B2M -54.2% against CRO -14.2%). Their daily returns move closely together (correlation 0.77 across 23 shared trading days). B2M has been the more volatile of the two, at 171% annualised against CRO's 86%.

Correlation: 0.77
Size ratio: 1 : 223.7
Ahead over 30 days: CRO

Bit2MeB2M

$0.003934

24h: -1.48%
Market cap: $11.61M
Volume 24h: $17,763
Volatility (ann.): 171%

CronosCRO

$0.051174

24h: +0.66%
Market cap: $2.60B
Volume 24h: $5.11M
Volatility (ann.): 86%

B2M 0.4%Share of the two combined market caps99.6% CRO

Performance

B2MCRO

7 days-50.28%-6.67%CRO
30 days-54.17%-14.25%CRO

Correlation

0.77over 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	B2M	CRO
Max drawdown (400d)	-54.7%	-28.4%
Risk-adjusted return (90d)	-0.32	0.07

Relative strength over 90 days: CRO outperformed B2M by 51.2% — measured on the B2M/CRO ratio, so it holds regardless of market direction.

Bit2Me →Cronos →