Ember Silver vs Kinesis Silver

Kinesis Silver (KAG) is 607.1× the size of Ember Silver (EXAG) by market capitalisation. Over the past 30 days, EXAG is ahead by 12.7 percentage points (EXAG -5.7% against KAG -18.3%). Their daily returns move closely together (correlation 0.69 across 20 shared trading days). KAG has been the more volatile of the two, at 199% annualised against EXAG's 41%.

Correlation: 0.69
Size ratio: 1 : 607.1
Ahead over 30 days: EXAG

Ember SilverEXAG

$53.1000

24h: +6.73%
Market cap: $321,813
Volume 24h: $1.99M
Volatility (ann.): 41%

Kinesis SilverKAG

$53.1700

24h: +1.97%
Market cap: $195.36M
Volume 24h: $164,446
Volatility (ann.): 199%

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

Performance

EXAGKAG

7 days-5.37%-2.86%KAG
30 days-5.66%-18.34%EXAG

Correlation

0.69over 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	EXAG	KAG
Max drawdown (400d)	-10.3%	-36.6%
Risk-adjusted return (90d)	-0.14	-0.10

Relative strength over 90 days: EXAG outperformed KAG by 1.7% — measured on the EXAG/KAG ratio, so it holds regardless of market direction.

Ember Silver →Kinesis Silver →