BLACK HOLE vs Nockchain

Nockchain (NOCK) is 370.2× the size of BLACK HOLE (BLKH) by market capitalisation. Over the past 30 days, BLKH is ahead by 61.8 percentage points (BLKH -6.3% against NOCK -68.0%). Their daily returns move barely in opposite directions (correlation -0.17 across 21 shared trading days). NOCK has been the more volatile of the two, at 276% annualised against BLKH's 164%.

Correlation: -0.17
Size ratio: 1 : 370.2
Ahead over 30 days: BLKH

BLACK HOLEBLKH

$0.000179

24h: +2.72%
Market cap: $101,170
Volume 24h: $269
Volatility (ann.): 164%

NockchainNOCK

$0.015780

24h: +6.27%
Market cap: $37.45M
Volume 24h: $606,874
Volatility (ann.): 276%

BLKH 0.3%Share of the two combined market caps99.7% NOCK

Performance

BLKHNOCK

7 days-8.39%-6.12%NOCK
30 days-6.25%-68.04%BLKH

Correlation

-0.17over 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	BLKH	NOCK
Max drawdown (400d)	-27.9%	-74.8%
Risk-adjusted return (90d)	-0.04	0.03

Relative strength over 90 days: BLKH outperformed NOCK by 21.1% — measured on the BLKH/NOCK ratio, so it holds regardless of market direction.

BLACK HOLE →Nockchain →