Casper Network vs Provenance Blockchain

Provenance Blockchain (HASH) is 9.9× the size of Casper Network (CSPR) by market capitalisation. Over the past 30 days, HASH is ahead by 7.4 percentage points (CSPR -30.1% against HASH -22.7%). Their daily returns move barely together (correlation 0.12 across 50 shared trading days). HASH has been the more volatile of the two, at 160% annualised against CSPR's 119%.

Correlation: 0.12
Size ratio: 1 : 9.9
Ahead over 30 days: HASH

Casper NetworkCSPR

$0.002163

24h: +0.67%
Market cap: $37.70M
Volume 24h: $1.21M
Volatility (ann.): 119%

Provenance BlockchainHASH

$0.006206

24h: -3.20%
Market cap: $371.42M
Volume 24h: $2,340
Volatility (ann.): 160%

CSPR 9.2%Share of the two combined market caps90.8% HASH

Performance

CSPRHASH

7 days+0.84%-15.08%CSPR
30 days-30.13%-22.75%HASH

Correlation

0.12over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	CSPR	HASH
Max drawdown (400d)	-30.7%	-30.9%
Risk-adjusted return (90d)	-0.18	-0.10

Relative strength over 90 days: CSPR outperformed HASH by 4.6% — measured on the CSPR/HASH ratio, so it holds regardless of market direction.

Casper Network →Provenance Blockchain →