Creditcoin vs Provenance Blockchain

Provenance Blockchain (HASH) is 7.6× the size of Creditcoin (CTC) by market capitalisation. Over the past 30 days, CTC is ahead by 11.5 percentage points (CTC -11.3% against HASH -22.7%). Their daily returns move barely in opposite directions (correlation -0.14 across 52 shared trading days). HASH has been the more volatile of the two, at 160% annualised against CTC's 109%.

Correlation: -0.14
Size ratio: 1 : 7.6
Ahead over 30 days: CTC

CreditcoinCTC

$0.087162

24h: -1.30%
Market cap: $47.90M
Volume 24h: $3.68M
Volatility (ann.): 109%

Provenance BlockchainHASH

$0.006067

24h: -2.99%
Market cap: $363.12M
Volume 24h: $1,837
Volatility (ann.): 160%

CTC 11.7%Share of the two combined market caps88.3% HASH

Performance

CTCHASH

7 days-12.13%-15.08%CTC
30 days-11.26%-22.75%CTC

Correlation

-0.14over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1590d: 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	CTC	HASH
Max drawdown (400d)	-26.5%	-30.9%
Risk-adjusted return (90d)	0.28	-0.10

Relative strength over 90 days: CTC outperformed HASH by 74.6% — measured on the CTC/HASH ratio, so it holds regardless of market direction.

Creditcoin →Provenance Blockchain →