Blockasset vs Rollbit Coin

Rollbit Coin (RLB) is 388.5× the size of Blockasset (BLOCK) by market capitalisation. Over the past 30 days, RLB is ahead by 2.5 percentage points (BLOCK -9.2% against RLB -6.7%). Their daily returns move barely together (correlation 0.29 across 23 shared trading days). RLB has been the more volatile of the two, at 54% annualised against BLOCK's 30%.

Correlation: 0.29
Size ratio: 1 : 388.5
Ahead over 30 days: RLB

BlockassetBLOCK

$0.000925

24h: -0.50%
Market cap: $288,370
Volume 24h: $173
Volatility (ann.): 30%

Rollbit CoinRLB

$0.072638

24h: -2.27%
Market cap: $112.04M
Volume 24h: $239,778
Volatility (ann.): 54%

BLOCK 0.3%Share of the two combined market caps99.7% RLB

Performance

BLOCKRLB

7 days-4.19%+0.04%RLB
30 days-9.18%-6.67%RLB

Correlation

0.29over 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	BLOCK	RLB
Max drawdown (400d)	-11.3%	-17.6%
Risk-adjusted return (90d)	-0.30	0.00

Relative strength over 90 days: RLB outperformed BLOCK by 9.4% — measured on the BLOCK/RLB ratio, so it holds regardless of market direction.

Blockasset →Rollbit Coin →