cGHS vs Dai

Dai (DAI) is 193666.7× the size of cGHS (CGHS) by market capitalisation. Over the past 30 days, CGHS is ahead by 0.5 percentage points (CGHS +0.5% against DAI +0.0%). Their daily returns move barely together (correlation 0.24 across 31 shared trading days). CGHS has been the more volatile of the two, at 15% annualised against DAI's 0%.

Correlation: 0.24
Size ratio: 1 : 193666.7
Ahead over 30 days: CGHS

cGHSCGHS

$0.085479

24h: -0.54%
Market cap: $23,296
Volume 24h: $583
Volatility (ann.): 15%

DaiDAI

$1.0000

24h: -0.01%
Market cap: $4.51B
Volume 24h: $196.46M
Volatility (ann.): 0%

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

Performance

CGHSDAI

7 days+0.24%+0.04%CGHS
30 days+0.47%+0.01%CGHS

Correlation

0.24over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	CGHS	DAI
Max drawdown (400d)	-2.3%	-0.1%
Risk-adjusted return (90d)	0.03	0.03

Relative strength over 90 days: CGHS outperformed DAI by 0.5% — measured on the CGHS/DAI ratio, so it holds regardless of market direction.

cGHS →Dai →