Ember Gold vs Kinesis Silver

Kinesis Silver (KAG) is 448.4× the size of Ember Gold (EXAU) by market capitalisation. Over the past 30 days, EXAU is ahead by 14.9 percentage points (EXAU -3.4% against KAG -18.3%). Their daily returns move closely together (correlation 0.77 across 20 shared trading days). KAG has been the more volatile of the two, at 199% annualised against EXAU's 22%.

Correlation: 0.77
Size ratio: 1 : 448.4
Ahead over 30 days: EXAU

Ember GoldEXAU

$4,126.83

24h: +4.65%
Market cap: $435,594
Volume 24h: $2.42M
Volatility (ann.): 22%

Kinesis SilverKAG

$53.1600

24h: +3.01%
Market cap: $195.32M
Volume 24h: $198,758
Volatility (ann.): 199%

EXAU 0.2%Share of the two combined market caps99.8% KAG

Performance

EXAUKAG

7 days-2.24%-2.86%EXAU
30 days-3.39%-18.34%EXAU

Correlation

0.77over 20 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	EXAU	KAG
Max drawdown (400d)	-7.7%	-36.6%
Risk-adjusted return (90d)	-0.15	-0.10

Relative strength over 90 days: EXAU outperformed KAG by 1.8% — measured on the EXAU/KAG ratio, so it holds regardless of market direction.

Ember Gold →Kinesis Silver →