Herculis Gold Coin vs Kinesis Silver

Kinesis Silver (KAG) is 97.6× the size of Herculis Gold Coin (XAUH) by market capitalisation. Over the past 30 days, XAUH is ahead by 10.3 percentage points (XAUH -11.0% against KAG -21.3%). Their daily returns move closely together (correlation 0.64 across 30 shared trading days). KAG has been the more volatile of the two, at 200% annualised against XAUH's 25%.

Correlation: 0.64
Size ratio: 1 : 97.6
Ahead over 30 days: XAUH

Herculis Gold CoinXAUH

$127.1500

24h: -0.07%
Market cap: $1.97M
Volume 24h: $152,374
Volatility (ann.): 25%

Kinesis SilverKAG

$52.3300

24h: +4.93%
Market cap: $192.27M
Volume 24h: $411,124
Volatility (ann.): 200%

XAUH 1.0%Share of the two combined market caps99.0% KAG

Performance

XAUHKAG

7 days-2.52%-8.47%XAUH
30 days-11.01%-21.26%XAUH

Correlation

0.64over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6490d: 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	XAUH	KAG
Max drawdown (400d)	-13.3%	-36.6%
Risk-adjusted return (90d)	-0.47	-0.12

Relative strength over 90 days: XAUH outperformed KAG by 20.4% — measured on the XAUH/KAG ratio, so it holds regardless of market direction.

Herculis Gold Coin →Kinesis Silver →