BitMart vs Cronos

Cronos (CRO) is 130.9× the size of BitMart (BMX) by market capitalisation. Over the past 30 days, CRO is ahead by 72.5 percentage points (BMX -86.7% against CRO -14.2%). Their daily returns move closely together (correlation 0.83 across 22 shared trading days). BMX has been the more volatile of the two, at 310% annualised against CRO's 86%.

Correlation: 0.83
Size ratio: 1 : 130.9
Ahead over 30 days: CRO

BitMartBMX

$0.058833

24h: —
Market cap: $19.97M
Volume 24h: —
Volatility (ann.): 310%

CronosCRO

$0.051495

24h: +2.40%
Market cap: $2.61B
Volume 24h: $5.02M
Volatility (ann.): 86%

BMX 0.8%Share of the two combined market caps99.2% CRO

Performance

BMXCRO

7 days-88.15%-6.67%CRO
30 days-86.71%-14.25%CRO

Correlation

0.83over 22 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	BMX	CRO
Max drawdown (400d)	-88.3%	-28.4%
Risk-adjusted return (90d)	-0.28	0.07

Relative strength over 90 days: CRO outperformed BMX by 84.7% — measured on the BMX/CRO ratio, so it holds regardless of market direction.

BitMart →Cronos →