Aster (ASTER) is 100638.7× the size of Coinzix Token (ZIX) by market capitalisation. Over the past 1 year, ASTER is ahead by 53.6 percentage points (ZIX -81.3% against ASTER -27.7%). Their daily returns move barely together (correlation 0.03 across 369 shared trading days). ZIX has been the more volatile of the two, at 146% annualised against ASTER's 90%.
ZIXASTER
0.03over 369 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 | ZIX | ASTER |
|---|---|---|
| Max drawdown (400d) | -96.0% | -77.3% |
| Risk-adjusted return (90d) | -0.64 | 0.35 |
| Best 30 days (past year) | +310.6% | +47.6% |
| Worst 30 days (past year) | -90.4% | -51.6% |
Relative strength over 90 days: ASTER outperformed ZIX by 96.4% — measured on the ZIX/ASTER ratio, so it holds regardless of market direction.