Cosanta vs Kaspa

Kaspa (KAS) is 414.3× the size of Cosanta (COSA) by market capitalisation. Over the past 30 days, KAS is ahead by 62.1 percentage points (COSA -72.2% against KAS -10.1%). Their daily returns move barely together (correlation 0.35 across 32 shared trading days). COSA has been the more volatile of the two, at 188% annualised against KAS's 106%.

Correlation: 0.35
Size ratio: 1 : 414.3
Ahead over 30 days: KAS

CosantaCOSA

$0.556815

24h: +6.51%
Market cap: $2.10M
Volume 24h: $16,308
Volatility (ann.): 188%

KaspaKAS

$0.031357

24h: +1.28%
Market cap: $871.31M
Volume 24h: $10.82M
Volatility (ann.): 106%

COSA 0.2%Share of the two combined market caps99.8% KAS

Performance

COSAKAS

7 days-35.74%-11.37%KAS
30 days-72.23%-10.15%KAS

Correlation

0.35over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	COSA	KAS
Max drawdown (400d)	-76.1%	-34.1%
Risk-adjusted return (90d)	-0.39	0.17

Relative strength over 90 days: KAS outperformed COSA by 76.7% — measured on the COSA/KAS ratio, so it holds regardless of market direction.

Cosanta →Kaspa →