XRP (XRP) is 1021110.8× the size of iCommunity (ICOM) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.32 across 69 shared trading days). ICOM has been the more volatile of the two, at 37003% annualised against XRP's 65%.
ICOMXRP
-0.32over 69 shared trading days
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.
| Metric | ICOM | XRP |
|---|---|---|
| Max drawdown (400d) | -82.4% | -67.3% |
| Risk-adjusted return (90d) | 0.31 | 0.37 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: ICOM outperformed XRP by 21367.3% — measured on the ICOM/XRP ratio, so it holds regardless of market direction.