Casper Network vs XDC Network

XDC Network (XDC) is 16.5× the size of Casper Network (CSPR) by market capitalisation. Over the past 30 days, XDC is ahead by 42.1 percentage points (CSPR -30.1% against XDC +12.0%). Their daily returns move barely together (correlation 0.05 across 50 shared trading days). CSPR has been the more volatile of the two, at 119% annualised against XDC's 62%.

Correlation: 0.05
Size ratio: 1 : 16.5
Ahead over 30 days: XDC

Casper NetworkCSPR

$0.002163

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

XDC NetworkXDC

$0.031181

24h: -1.05%
Market cap: $621.94M
Volume 24h: $26.61M
Volatility (ann.): 62%

CSPR 5.7%Share of the two combined market caps94.3% XDC

Performance

CSPRXDC

7 days+0.84%-7.94%CSPR
30 days-30.13%+12.01%XDC

Correlation

0.05over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	XDC
Max drawdown (400d)	-30.7%	-11.8%
Risk-adjusted return (90d)	-0.18	0.24

Relative strength over 90 days: XDC outperformed CSPR by 26.1% — measured on the CSPR/XDC ratio, so it holds regardless of market direction.

Casper Network →XDC Network →