Global Commercial Business vs Cronos

Cronos (CRO) is 217.4× the size of Global Commercial Business (GCB) by market capitalisation. Over the past 30 days, GCB is ahead by 10.7 percentage points (GCB -3.6% against CRO -14.2%). Their daily returns move barely in opposite directions (correlation -0.12 across 27 shared trading days). GCB has been the more volatile of the two, at 102% annualised against CRO's 86%.

Correlation: -0.12
Size ratio: 1 : 217.4
Ahead over 30 days: GCB

Global Commercial BusinessGCB

$0.010089

24h: +0.14%
Market cap: $12.13M
Volume 24h: $100
Volatility (ann.): 102%

CronosCRO

$0.051939

24h: +2.85%
Market cap: $2.64B
Volume 24h: $5.25M
Volatility (ann.): 86%

GCB 0.5%Share of the two combined market caps99.5% CRO

Performance

GCBCRO

7 days-0.28%-6.67%GCB
30 days-3.56%-14.25%GCB

Correlation

-0.12over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	GCB	CRO
Max drawdown (400d)	-6.7%	-28.4%
Risk-adjusted return (90d)	0.17	0.07

Relative strength over 90 days: GCB outperformed CRO by 34.3% — measured on the GCB/CRO ratio, so it holds regardless of market direction.

Global Commercial Business →Cronos →