COCO COIN vs BUILDon

BUILDon (B) is 952.1× the size of COCO COIN (COCO) by market capitalisation. Over the past 30 days, COCO is ahead by 37.9 percentage points (COCO -0.8% against B -38.7%). Their daily returns move barely together (correlation 0.00 across 22 shared trading days). B has been the more volatile of the two, at 136% annualised against COCO's 7%.

Correlation: 0.00
Size ratio: 1 : 952.1
Ahead over 30 days: COCO

COCO COINCOCO

$3.590e-6

24h: +0.11%
Market cap: $122,930
Volume 24h: $90
Volatility (ann.): 7%

BUILDonB

$0.117043

24h: -9.88%
Market cap: $117.04M
Volume 24h: $4.04M
Volatility (ann.): 136%

COCO 0.1%Share of the two combined market caps99.9% B

Performance

COCOB

7 days-1.15%+0.16%B
30 days-0.77%-38.68%COCO

Correlation

0.00over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	COCO	B
Max drawdown (400d)	-2.8%	-50.5%
Risk-adjusted return (90d)	-0.10	-0.08

Relative strength over 90 days: COCO outperformed B by 6.2% — measured on the COCO/B ratio, so it holds regardless of market direction.

COCO COIN →BUILDon →