Chain Games vs DEAPCOIN

DEAPCOIN (DEP) is 14.2× the size of Chain Games (CHAIN) by market capitalisation. Over the past 30 days, DEP is ahead by 36.2 percentage points (CHAIN -33.5% against DEP +2.8%). Their daily returns move barely together (correlation 0.13 across 35 shared trading days). CHAIN has been the more volatile of the two, at 163% annualised against DEP's 36%.

Correlation: 0.13
Size ratio: 1 : 14.2
Ahead over 30 days: DEP

Chain GamesCHAIN

$0.005424

24h: -11.12%
Market cap: $2.10M
Volume 24h: $27,564
Volatility (ann.): 163%

DEAPCOINDEP

$0.001001

24h: -0.22%
Market cap: $29.88M
Volume 24h: $127,751
Volatility (ann.): 36%

CHAIN 6.6%Share of the two combined market caps93.4% DEP

Performance

CHAINDEP

7 days-1.65%-0.24%DEP
30 days-33.47%+2.77%DEP

Correlation

0.13over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	CHAIN	DEP
Max drawdown (400d)	-40.0%	-5.9%
Risk-adjusted return (90d)	-0.24	0.07

Relative strength over 90 days: DEP outperformed CHAIN by 40.4% — measured on the CHAIN/DEP ratio, so it holds regardless of market direction.

Chain Games →DEAPCOIN →