Coral Protocol vs Concordium

Concordium (CCD) is 91.1× the size of Coral Protocol (CORAL) by market capitalisation. Over the past 30 days, CCD is ahead by 24.5 percentage points (CORAL -53.4% against CCD -29.0%). Their daily returns move closely together (correlation 0.70 across 32 shared trading days). CORAL has been the more volatile of the two, at 174% annualised against CCD's 91%.

Correlation: 0.70
Size ratio: 1 : 91.1
Ahead over 30 days: CCD

Coral ProtocolCORAL

$3.727e-5

24h: -3.51%
Market cap: $372,708
Volume 24h: $752
Volatility (ann.): 174%

ConcordiumCCD

$0.002658

24h: +0.31%
Market cap: $33.95M
Volume 24h: $111,528
Volatility (ann.): 91%

CORAL 1.1%Share of the two combined market caps98.9% CCD

Performance

CORALCCD

7 days-52.35%-14.92%CCD
30 days-53.45%-29.00%CCD

Correlation

0.70over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7090d: 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	CORAL	CCD
Max drawdown (400d)	-55.3%	-36.5%
Risk-adjusted return (90d)	-0.29	-0.27

Relative strength over 90 days: CCD outperformed CORAL by 25.4% — measured on the CORAL/CCD ratio, so it holds regardless of market direction.

Coral Protocol →Concordium →