Impossible Cloud Network Token vs Aethir

Aethir (ATH) is 2.1× the size of Impossible Cloud Network Token (ICNT) by market capitalisation. Over the past 30 days, ICNT is ahead by 102.4 percentage points (ICNT +111.0% against ATH +8.6%). Their daily returns move barely together (correlation 0.00 across 35 shared trading days). ICNT has been the more volatile of the two, at 297% annualised against ATH's 149%.

Correlation: 0.00
Size ratio: 1 : 2.1
Ahead over 30 days: ICNT

Impossible Cloud Network TokenICNT

$0.199710

24h: -0.86%
Market cap: $50.52M
Volume 24h: $16.72M
Volatility (ann.): 297%

AethirATH

$0.005222

24h: +7.93%
Market cap: $105.12M
Volume 24h: $9.43M
Volatility (ann.): 149%

ICNT 32.5%Share of the two combined market caps67.5% ATH

Performance

ICNTATH

7 days+29.90%-14.66%ICNT
30 days+111.04%+8.62%ICNT

Correlation

0.00over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 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	ICNT	ATH
Max drawdown (400d)	-27.1%	-22.7%
Risk-adjusted return (90d)	0.35	0.22

Relative strength over 90 days: ICNT outperformed ATH by 88.4% — measured on the ICNT/ATH ratio, so it holds regardless of market direction.

Impossible Cloud Network Token →Aethir →