Gold DAO vs Kinesis Silver

Kinesis Silver (KAG) is 49.4× the size of Gold DAO (GOLDAO) by market capitalisation. Over the past 30 days, KAG is ahead by 11.8 percentage points (GOLDAO -33.0% against KAG -21.3%). Their daily returns move barely together (correlation 0.33 across 31 shared trading days). Both have run at a similar volatility, around 201% annualised.

Correlation: 0.33
Size ratio: 1 : 49.4
Ahead over 30 days: KAG

Gold DAOGOLDAO

$0.005750

24h: +1.91%
Market cap: $3.90M
Volume 24h: $124
Volatility (ann.): 201%

Kinesis SilverKAG

$52.4100

24h: +4.82%
Market cap: $192.60M
Volume 24h: $348,897
Volatility (ann.): 200%

GOLDAO 2.0%Share of the two combined market caps98.0% KAG

Performance

GOLDAOKAG

7 days+17.86%-8.47%GOLDAO
30 days-33.03%-21.26%KAG

Correlation

0.33over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	GOLDAO	KAG
Max drawdown (400d)	-56.1%	-36.6%
Risk-adjusted return (90d)	-0.01	-0.12

Relative strength over 90 days: GOLDAO outperformed KAG by 34.2% — measured on the GOLDAO/KAG ratio, so it holds regardless of market direction.

Gold DAO →Kinesis Silver →