Chilean Peso vs Dai

Dai (DAI) is 45095.9× the size of Chilean Peso (WCLP) by market capitalisation. Over the past 30 days, DAI is ahead by 5.3 percentage points (WCLP -5.3% against DAI +0.0%). Their daily returns move barely together (correlation 0.06 across 29 shared trading days). WCLP has been the more volatile of the two, at 86% annualised against DAI's 1%.

Correlation: 0.06
Size ratio: 1 : 45095.9
Ahead over 30 days: DAI

Chilean PesoWCLP

$0.001036

24h: +0.40%
Market cap: $99,992
Volume 24h: $386
Volatility (ann.): 86%

DaiDAI

$1.0000

24h: +0.00%
Market cap: $4.51B
Volume 24h: $190.95M
Volatility (ann.): 1%

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

Performance

WCLPDAI

7 days+1.10%+0.00%WCLP
30 days-5.32%+0.02%DAI

Correlation

0.06over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	WCLP	DAI
Max drawdown (400d)	-13.5%	-0.1%
Risk-adjusted return (90d)	-0.06	0.03

Relative strength over 90 days: DAI outperformed WCLP by 5.3% — measured on the WCLP/DAI ratio, so it holds regardless of market direction.

Chilean Peso →Dai →