COCA (COCA) and Zypto Token (ZYPTO) compared side by side. Their daily returns move loosely together (correlation 0.37 across 30 shared trading days). ZYPTO has been the more volatile of the two, at 103% annualised against COCA's 60%.
COCAZYPTO
0.37over 30 shared trading days
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.
| Metric | COCA | ZYPTO |
|---|---|---|
| Max drawdown (400d) | -40.3% | -39.0% |
| Risk-adjusted return (90d) | -0.13 | -0.38 |
Relative strength over 90 days: COCA outperformed ZYPTO by 6.2% — measured on the COCA/ZYPTO ratio, so it holds regardless of market direction.