Cygnus Finance Global USD vs crvUSD

crvUSD (CRVUSD) is 2.0× the size of Cygnus Finance Global USD (CGUSD) by market capitalisation. Over the past 30 days, CRVUSD is ahead by 0.2 percentage points (CGUSD -0.3% against CRVUSD -0.1%). Their daily returns move barely in opposite directions (correlation -0.01 across 55 shared trading days). CGUSD has been the more volatile of the two, at 3% annualised against CRVUSD's 1%.

Correlation: -0.01
Size ratio: 1 : 2.0
Ahead over 30 days: CRVUSD

Cygnus Finance Global USDCGUSD

$0.992166

24h: +0.04%
Market cap: $75.66M
Volume 24h: $2
Volatility (ann.): 3%

crvUSDCRVUSD

$0.999127

24h: +0.05%
Market cap: $153.63M
Volume 24h: $24.45M
Volatility (ann.): 1%

CGUSD 33.0%Share of the two combined market caps67.0% CRVUSD

Performance

CGUSDCRVUSD

7 days-0.04%+0.04%CRVUSD
30 days-0.27%-0.09%CRVUSD

Correlation

-0.01over 55 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	CGUSD	CRVUSD
Max drawdown (400d)	-0.8%	-0.3%
Risk-adjusted return (90d)	-0.13	0.00

Relative strength over 90 days: CRVUSD outperformed CGUSD by 0.3% — measured on the CGUSD/CRVUSD ratio, so it holds regardless of market direction.

Cygnus Finance Global USD →crvUSD →