CoinEx vs Cronos

Cronos (CRO) is 217.4× the size of CoinEx (CET) by market capitalisation. Over the past 30 days, CRO is ahead by 44.9 percentage points (CET -59.1% against CRO -14.2%). Their daily returns move barely together (correlation 0.09 across 22 shared trading days). CET has been the more volatile of the two, at 102% annualised against CRO's 86%.

Correlation: 0.09
Size ratio: 1 : 217.4
Ahead over 30 days: CRO

CoinExCET

$0.004999

24h: —
Market cap: $12.20M
Volume 24h: —
Volatility (ann.): 102%

CronosCRO

$0.052229

24h: +2.81%
Market cap: $2.65B
Volume 24h: $5.41M
Volatility (ann.): 86%

CET 0.5%Share of the two combined market caps99.5% CRO

Performance

CETCRO

7 days-0.04%-6.67%CET
30 days-59.12%-14.25%CRO

Correlation

0.09over 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	CET	CRO
Max drawdown (400d)	-64.2%	-28.4%
Risk-adjusted return (90d)	-0.58	0.07

Relative strength over 90 days: CRO outperformed CET by 66.4% — measured on the CET/CRO ratio, so it holds regardless of market direction.

CoinEx →Cronos →