Mento Kenyan Shilling vs Dai

Dai (DAI) is 67489.4× the size of Mento Kenyan Shilling (KESM) by market capitalisation. Over the past 30 days, KESM is ahead by 1.1 percentage points (KESM +1.1% against DAI +0.0%). Their daily returns move barely in opposite directions (correlation -0.09 across 30 shared trading days). KESM has been the more volatile of the two, at 9% annualised against DAI's 1%.

Correlation: -0.09
Size ratio: 1 : 67489.4
Ahead over 30 days: KESM

Mento Kenyan ShillingKESM

$0.007727

24h: +0.09%
Market cap: $67,141
Volume 24h: $70
Volatility (ann.): 9%

DaiDAI

$1.0000

24h: +0.05%
Market cap: $4.53B
Volume 24h: $160.62M
Volatility (ann.): 1%

KESM 0.0%Share of the two combined market caps100.0% DAI

Performance

KESMDAI

7 days-0.03%+0.00%DAI
30 days+1.11%+0.02%KESM

Correlation

-0.09over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	KESM	DAI
Max drawdown (400d)	-1.1%	-0.1%
Risk-adjusted return (90d)	0.12	0.03

Relative strength over 90 days: KESM outperformed DAI by 1.1% — measured on the KESM/DAI ratio, so it holds regardless of market direction.

Mento Kenyan Shilling →Dai →