Epics Token (EPCT) and The Sandbox (SAND) compared side by side. Their daily returns move barely together (correlation 0.08 across 24 shared trading days). EPCT has been the more volatile of the two, at 877% annualised against SAND's 103%.
EPCTSAND
0.08over 24 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 | EPCT | SAND |
|---|---|---|
| Max drawdown (400d) | -78.7% | -88.4% |
| Risk-adjusted return (90d) | -0.06 | 0.07 |
| Best 30 days (past year) | — | +94.1% |
| Worst 30 days (past year) | — | -48.8% |
Relative strength over 90 days: SAND outperformed EPCT by 57.2% — measured on the EPCT/SAND ratio, so it holds regardless of market direction.