Depinsim vs Grass

Grass (GRASS) is 34.6× the size of Depinsim (ESIM) by market capitalisation. Their daily returns move barely together (correlation 0.32 across 44 shared trading days). ESIM has been the more volatile of the two, at 319% annualised against GRASS's 213%.

Correlation: 0.32
Size ratio: 1 : 34.6

DepinsimESIM

$0.091068

24h: -0.89%
Market cap: $12.25M
Volume 24h: $1.23M
Volatility (ann.): 319%

GrassGRASS

$0.586460

24h: +1.52%
Market cap: $423.40M
Volume 24h: $18.03M
Volatility (ann.): 213%

ESIM 2.8%Share of the two combined market caps97.2% GRASS

Performance

ESIMGRASS

7 days-1.68%-23.53%ESIM
30 days+230.89%+72.43%ESIM
90 days+208.15%——

Correlation

0.32over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	ESIM	GRASS
Max drawdown (400d)	-68.6%	-25.3%
Risk-adjusted return (90d)	0.65	0.35

Relative strength over 90 days: ESIM outperformed GRASS by 115.4% — measured on the ESIM/GRASS ratio, so it holds regardless of market direction.

Depinsim →Grass →