CrypTok vs RaveDAO

RaveDAO (RAVE) is 462.8× the size of CrypTok (CRYPTOK) by market capitalisation. Over the past 30 days, RAVE is ahead by 0.9 percentage points (CRYPTOK -24.0% against RAVE -23.2%). Their daily returns move barely together (correlation 0.30 across 20 shared trading days). RAVE has been the more volatile of the two, at 89% annualised against CRYPTOK's 50%.

Correlation: 0.30
Size ratio: 1 : 462.8
Ahead over 30 days: RAVE

CrypTokCRYPTOK

$5.979e-5

24h: +6.42%
Market cap: $77,760
Volume 24h: $168
Volatility (ann.): 50%

RaveDAORAVE

$0.133175

24h: -7.50%
Market cap: $35.99M
Volume 24h: $912,799
Volatility (ann.): 89%

CRYPTOK 0.2%Share of the two combined market caps99.8% RAVE

Performance

CRYPTOKRAVE

7 days-2.17%-2.89%CRYPTOK
30 days-24.04%-23.18%RAVE

Correlation

0.30over 20 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	CRYPTOK	RAVE
Max drawdown (400d)	-29.9%	-56.3%
Risk-adjusted return (90d)	-0.48	-0.58

Relative strength over 90 days: CRYPTOK outperformed RAVE by 1.9% — measured on the CRYPTOK/RAVE ratio, so it holds regardless of market direction.

CrypTok →RaveDAO →