Comtech Gold vs Kinesis Gold

Kinesis Gold (KAU) is 116.9× the size of Comtech Gold (CGO) by market capitalisation. Over the past 30 days, CGO is ahead by 3.1 percentage points (CGO -6.9% against KAU -10.1%). Their daily returns move loosely together (correlation 0.49 across 21 shared trading days). KAU has been the more volatile of the two, at 33% annualised against CGO's 22%.

Correlation: 0.49
Size ratio: 1 : 116.9
Ahead over 30 days: CGO

Comtech GoldCGO

$126.9800

24h: -0.17%
Market cap: $3.05M
Volume 24h: $844,226
Volatility (ann.): 22%

Kinesis GoldKAU

$130.0500

24h: +2.31%
Market cap: $356.24M
Volume 24h: $552,308
Volatility (ann.): 33%

CGO 0.8%Share of the two combined market caps99.2% KAU

Performance

CGOKAU

7 days-5.69%-2.89%KAU
30 days-6.95%-10.08%CGO

Correlation

0.49over 21 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	CGO	KAU
Max drawdown (400d)	-8.2%	-18.0%
Risk-adjusted return (90d)	-0.31	-0.32

Relative strength over 90 days: KAU outperformed CGO by 0.6% — measured on the CGO/KAU ratio, so it holds regardless of market direction.

Comtech Gold →Kinesis Gold →