DEW vs Cronos

Cronos (CRO) is 18337.9× the size of DEW (DEW) by market capitalisation. Over the past 30 days, CRO is ahead by 20.1 percentage points (DEW -30.7% against CRO -10.6%). Their daily returns move barely together (correlation 0.26 across 24 shared trading days). CRO has been the more volatile of the two, at 86% annualised against DEW's 55%.

Correlation: 0.26
Size ratio: 1 : 18337.9
Ahead over 30 days: CRO

DEWDEW

$0.000139

24h: +3.73%
Market cap: $138,543
Volume 24h: $43
Volatility (ann.): 55%

CronosCRO

$0.050051

24h: -2.59%
Market cap: $2.54B
Volume 24h: $4.74M
Volatility (ann.): 86%

DEW 0.0%Share of the two combined market caps100.0% CRO

Performance

DEWCRO

7 days-5.91%-2.51%CRO
30 days-30.67%-10.55%CRO

Correlation

0.26over 24 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	DEW	CRO
Max drawdown (400d)	-36.5%	-28.4%
Risk-adjusted return (90d)	-0.61	0.11

Relative strength over 90 days: CRO outperformed DEW by 11.2% — measured on the DEW/CRO ratio, so it holds regardless of market direction.

DEW →Cronos →