Chainlink (LINK) is 532.6× the size of Cysic (CYS) by market capitalisation. Over the past 1 year, LINK is ahead by 21.9 percentage points (CYS -49.6% against LINK -27.7%). Their daily returns move barely together (correlation 0.02 across 295 shared trading days). CYS has been the more volatile of the two, at 259% annualised against LINK's 71%.
CYSLINK
0.02over 295 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 | CYS | LINK |
|---|---|---|
| Max drawdown (400d) | -93.5% | -69.2% |
| Risk-adjusted return (90d) | -0.19 | 0.47 |
| Best 30 days (past year) | — | +61.6% |
| Worst 30 days (past year) | — | -43.6% |
Relative strength over 90 days: LINK outperformed CYS by 76.3% — measured on the CYS/LINK ratio, so it holds regardless of market direction.