Colombian Peso vs Dai

Dai (DAI) is 10499.4× the size of Colombian Peso (WCOP) by market capitalisation. Over the past 30 days, WCOP is ahead by 5.2 percentage points (WCOP +5.2% against DAI +0.0%). Their daily returns move barely in opposite directions (correlation -0.16 across 28 shared trading days). WCOP has been the more volatile of the two, at 473% annualised against DAI's 1%.

Correlation: -0.16
Size ratio: 1 : 10499.4
Ahead over 30 days: WCOP

Colombian PesoWCOP

$0.000311

24h: -0.24%
Market cap: $429,476
Volume 24h: $1,942
Volatility (ann.): 473%

DaiDAI

$1.0000

24h: +0.00%
Market cap: $4.51B
Volume 24h: $190.95M
Volatility (ann.): 1%

WCOP 0.0%Share of the two combined market caps100.0% DAI

Performance

WCOPDAI

7 days-11.43%+0.00%DAI
30 days+5.22%+0.02%WCOP

Correlation

-0.16over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1690d: 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	WCOP	DAI
Max drawdown (400d)	-45.1%	-0.1%
Risk-adjusted return (90d)	0.01	0.03

Relative strength over 90 days: WCOP outperformed DAI by 5.2% — measured on the WCOP/DAI ratio, so it holds regardless of market direction.

Colombian Peso →Dai →