Starknet (STRK) is 20.3× the size of Cysic (CYS) by market capitalisation. Over the past 1 year, CYS is ahead by 10.2 percentage points (CYS -49.6% against STRK -59.8%). Their daily returns move barely together (correlation 0.04 across 295 shared trading days). CYS has been the more volatile of the two, at 259% annualised against STRK's 143%.
CYSSTRK
0.04over 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 | STRK |
|---|---|---|
| Max drawdown (400d) | -93.5% | -91.0% |
| Risk-adjusted return (90d) | -0.19 | 0.33 |
| Best 30 days (past year) | — | +329.9% |
| Worst 30 days (past year) | — | -66.4% |
Relative strength over 90 days: STRK outperformed CYS by 75.0% — measured on the CYS/STRK ratio, so it holds regardless of market direction.