Algorand (ALGO) is 18.9× the size of Creditcoin (CTC) by market capitalisation. Their daily returns move loosely together (correlation 0.55 across 55 shared trading days). CTC has been the more volatile of the two, at 109% annualised against ALGO's 78%.
CTCALGO
0.55over 55 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 | CTC | ALGO |
|---|---|---|
| Max drawdown (400d) | -26.5% | -66.2% |
| Risk-adjusted return (90d) | 0.28 | 0.07 |
| Best 30 days (past year) | — | +54.9% |
| Worst 30 days (past year) | — | -37.9% |
Relative strength over 90 days: CTC outperformed ALGO by 15.2% — measured on the CTC/ALGO ratio, so it holds regardless of market direction.