HashKey Platform Token vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 302.0× the size of HashKey Platform Token (HSK) by market capitalisation. Over the past 30 days, WBT is ahead by 5.9 percentage points (HSK -12.6% against WBT -6.8%). Their daily returns move loosely together (correlation 0.56 across 46 shared trading days). WBT has been the more volatile of the two, at 59% annualised against HSK's 46%.

Correlation: 0.56
Size ratio: 1 : 302.0
Ahead over 30 days: WBT

HashKey Platform TokenHSK

$0.085678

24h: -1.89%
Market cap: $29.56M
Volume 24h: $175,621
Volatility (ann.): 46%

WhiteBIT CoinWBT

$75.2000

24h: +1.02%
Market cap: $8.93B
Volume 24h: $131.75M
Volatility (ann.): 59%

HSK 0.3%Share of the two combined market caps99.7% WBT

Performance

HSKWBT

7 days-2.89%-3.75%HSK
30 days-12.65%-6.78%WBT

Correlation

0.56over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	HSK	WBT
Max drawdown (400d)	-20.1%	-12.4%
Risk-adjusted return (90d)	-0.39	0.62

Relative strength over 90 days: WBT outperformed HSK by 20.8% — measured on the HSK/WBT ratio, so it holds regardless of market direction.

HashKey Platform Token →WhiteBIT Coin →