BTC$80,433.30▲ 3.71%ETH$2,427.81▲ 6.11%USDT$0.9993▲ 0.03%BNB$718.02▲ 3.08%XRP$1.31▲ 2.88%USDC$1.00▲ 0.01%SOL$96.33▲ 3.55%TRX$0.3205▼ 0.81%FIGR_HELOC$1.03▼ 0.21%ZEC$1,312.60▲ 9.05%HYPE$85.21▼ 1.39%DOGE$0.0773▲ 3.20%XMR$118.70▲ 1.92%USDS$1.00▲ 0.01%WBT$78.05▲ 4.54%LINK$11.56▲ 4.88%LEO$9.33▲ 0.62%ADA$0.1971▲ 4.24%XLM$0.1676▲ 3.44%BCH$282.10▲ 2.55%NEAR$4.09▲ 7.61%UNI$7.66▲ 5.36%DAI$1.00▼ 0.01%USDE$1.00▲ 0.04%LTC$56.23▲ 4.34%RAIN$0.005933▼ 4.68%CC$0.0995▲ 4.38%AVAX$8.89▲ 4.94%SUI$0.9406▲ 5.58%USD1$0.9992▼ 0.02%GRAM$1.19▲ 1.73%XAUT$4,046.94▲ 3.27%HBAR$0.0726▲ 5.11%QNT$202.00▲ 5.04%SHIB$0.000005▲ 3.52%USDG$1.00▲ 0.02%TAO$236.00▲ 4.78%PYUSD$1.0000▲ 0.01%CRO$0.0522▲ 2.85%RLUSD$1.00▲ 0.01%BTC$80,433.30▲ 3.71%ETH$2,427.81▲ 6.11%USDT$0.9993▲ 0.03%BNB$718.02▲ 3.08%XRP$1.31▲ 2.88%USDC$1.00▲ 0.01%SOL$96.33▲ 3.55%TRX$0.3205▼ 0.81%FIGR_HELOC$1.03▼ 0.21%ZEC$1,312.60▲ 9.05%HYPE$85.21▼ 1.39%DOGE$0.0773▲ 3.20%XMR$118.70▲ 1.92%USDS$1.00▲ 0.01%WBT$78.05▲ 4.54%LINK$11.56▲ 4.88%LEO$9.33▲ 0.62%ADA$0.1971▲ 4.24%XLM$0.1676▲ 3.44%BCH$282.10▲ 2.55%NEAR$4.09▲ 7.61%UNI$7.66▲ 5.36%DAI$1.00▼ 0.01%USDE$1.00▲ 0.04%LTC$56.23▲ 4.34%RAIN$0.005933▼ 4.68%CC$0.0995▲ 4.38%AVAX$8.89▲ 4.94%SUI$0.9406▲ 5.58%USD1$0.9992▼ 0.02%GRAM$1.19▲ 1.73%XAUT$4,046.94▲ 3.27%HBAR$0.0726▲ 5.11%QNT$202.00▲ 5.04%SHIB$0.000005▲ 3.52%USDG$1.00▲ 0.02%TAO$236.00▲ 4.78%PYUSD$1.0000▲ 0.01%CRO$0.0522▲ 2.85%RLUSD$1.00▲ 0.01%

COCA vs THAT

COCA (COCA) and THAT (THAT) compared side by side. Their daily returns move barely in opposite directions (correlation -0.24 across 30 shared trading days). Both have run at a similar volatility, around 58% annualised.

Correlation
-0.24
COCACOCA

$0.964315

24h
+2.72%
Market cap
—
Volume 24h
$270,236
Volatility (ann.)
60%
THATTHAT

$0.002351

24h
-2.61%
Market cap
$3.72M
Volume 24h
$12,653
Volatility (ann.)
56%
COCA 0.0%Share of the two combined market caps100.0% THAT

Performance

COCATHAT

  1. 7 days+6.98%+5.93%COCA
  2. 30 days-2.43%-1.73%THAT
  3. 90 days-6.87%——
  4. 1 year+96.10%——

Correlation

-0.24over 30 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

MetricCOCATHAT
Max drawdown (400d)-40.3%-10.8%
Risk-adjusted return (90d)-0.130.12

Relative strength over 90 days: THAT outperformed COCA by 10.6% — measured on the COCA/THAT ratio, so it holds regardless of market direction.

COCA →THAT →