EMAIL Token (EMT) and Kaspa (KAS) compared side by side. Over the past 30 days, KAS is ahead by 6.9 percentage points (EMT -17.0% against KAS -10.1%). Their daily returns move barely in opposite directions (correlation -0.06 across 23 shared trading days). KAS has been the more volatile of the two, at 106% annualised against EMT's 34%.
EMTKAS
-0.06over 23 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 | EMT | KAS |
|---|---|---|
| Max drawdown (400d) | -18.2% | -34.1% |
| Risk-adjusted return (90d) | -0.34 | 0.17 |
Relative strength over 90 days: EMT outperformed KAS by 2.1% — measured on the EMT/KAS ratio, so it holds regardless of market direction.