Cypher vs Keeta

Keeta (KTA) is 2575.2× the size of Cypher (CYPR) by market capitalisation. Over the past 30 days, CYPR is ahead by 54.2 percentage points (CYPR +18.2% against KTA -36.0%). Their daily returns move barely in opposite directions (correlation -0.23 across 20 shared trading days). CYPR has been the more volatile of the two, at 31829% annualised against KTA's 94%.

Correlation: -0.23
Size ratio: 1 : 2575.2
Ahead over 30 days: CYPR

CypherCYPR

$0.000140

24h: -0.03%
Market cap: $13,069
Volume 24h: $4
Volatility (ann.): 31829%

KeetaKTA

$0.053250

24h: -11.13%
Market cap: $33.65M
Volume 24h: $424,829
Volatility (ann.): 94%

CYPR 0.0%Share of the two combined market caps100.0% KTA

Performance

CYPRKTA

7 days+1.31%-0.37%CYPR
30 days+18.20%-36.01%CYPR

Correlation

-0.23over 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	CYPR	KTA
Max drawdown (400d)	-99.0%	-43.3%
Risk-adjusted return (90d)	0.00	-0.21

Relative strength over 90 days: CYPR outperformed KTA by 39.6% — measured on the CYPR/KTA ratio, so it holds regardless of market direction.

Cypher →Keeta →