HTX DAO vs Cronos

Cronos (CRO) is 1.9× the size of HTX DAO (HTX) by market capitalisation. Over the past 30 days, HTX is ahead by 7.2 percentage points (HTX -7.1% against CRO -14.2%). Their daily returns move loosely together (correlation 0.40 across 58 shared trading days). CRO has been the more volatile of the two, at 86% annualised against HTX's 38%.

Correlation: 0.40
Size ratio: 1 : 1.9
Ahead over 30 days: HTX

HTX DAOHTX

$1.570e-6

24h: -0.30%
Market cap: $1.39B
Volume 24h: $103.83M
Volatility (ann.): 38%

CronosCRO

$0.051365

24h: +2.29%
Market cap: $2.61B
Volume 24h: $5.19M
Volatility (ann.): 86%

HTX 34.8%Share of the two combined market caps65.2% CRO

Performance

HTXCRO

7 days-2.47%-6.67%HTX
30 days-7.06%-14.25%HTX

Correlation

0.40over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	HTX	CRO
Max drawdown (400d)	-15.6%	-28.4%
Risk-adjusted return (90d)	-0.31	0.07

Relative strength over 90 days: CRO outperformed HTX by 16.6% — measured on the HTX/CRO ratio, so it holds regardless of market direction.

HTX DAO →Cronos →