CAD Coin vs crvUSD

crvUSD (CRVUSD) is 673.1× the size of CAD Coin (CADC) by market capitalisation. Over the past 30 days, CRVUSD is ahead by 0.4 percentage points (CADC -0.5% against CRVUSD -0.1%). Their daily returns move loosely in opposite directions (correlation -0.47 across 27 shared trading days). CADC has been the more volatile of the two, at 10% annualised against CRVUSD's 1%.

Correlation: -0.47
Size ratio: 1 : 673.1
Ahead over 30 days: CRVUSD

CAD CoinCADC

$0.711202

24h: -0.07%
Market cap: $228,250
Volume 24h: $35,271
Volatility (ann.): 10%

crvUSDCRVUSD

$0.999150

24h: +0.05%
Market cap: $153.63M
Volume 24h: $24.69M
Volatility (ann.): 1%

CADC 0.1%Share of the two combined market caps99.9% CRVUSD

Performance

CADCCRVUSD

7 days+2.46%+0.04%CADC
30 days-0.48%-0.09%CRVUSD

Correlation

-0.47over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4790d: 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	CADC	CRVUSD
Max drawdown (400d)	-3.1%	-0.3%
Risk-adjusted return (90d)	-0.03	0.00

Relative strength over 90 days: CRVUSD outperformed CADC by 0.1% — measured on the CADC/CRVUSD ratio, so it holds regardless of market direction.

CAD Coin →crvUSD →