Hopium Machines vs Non-Playable Coin

Non-Playable Coin (NPC) is 11158.6× the size of Hopium Machines (HOPIUM) by market capitalisation. Over the past 30 days, NPC is ahead by 13.0 percentage points (HOPIUM -28.8% against NPC -15.8%). Their daily returns move barely in opposite directions (correlation -0.05 across 20 shared trading days). NPC has been the more volatile of the two, at 162% annualised against HOPIUM's 55%.

Correlation: -0.05
Size ratio: 1 : 11158.6
Ahead over 30 days: NPC

Hopium MachinesHOPIUM

$1.116e-5

24h: —
Market cap: $11,142
Volume 24h: $15
Volatility (ann.): 55%

Non-Playable CoinNPC

$0.015445

24h: -13.59%
Market cap: $124.33M
Volume 24h: $2.25M
Volatility (ann.): 162%

HOPIUM 0.0%Share of the two combined market caps100.0% NPC

Performance

HOPIUMNPC

7 days-10.93%+3.65%NPC
30 days-28.78%-15.77%NPC

Correlation

-0.05over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	HOPIUM	NPC
Max drawdown (400d)	-32.3%	-34.4%
Risk-adjusted return (90d)	-0.53	1.52

Relative strength over 90 days: NPC outperformed HOPIUM by 9.5% — measured on the HOPIUM/NPC ratio, so it holds regardless of market direction.

Hopium Machines →Non-Playable Coin →