IP Tokens of IPNFT #129 vs ResearchCoin

ResearchCoin (RSC) is 176.1× the size of IP Tokens of IPNFT #129 (CLAW) by market capitalisation. Over the past 30 days, RSC is ahead by 7.0 percentage points (CLAW -29.3% against RSC -22.3%). Their daily returns move barely together (correlation 0.12 across 34 shared trading days). RSC has been the more volatile of the two, at 98% annualised against CLAW's 58%.

Correlation: 0.12
Size ratio: 1 : 176.1
Ahead over 30 days: RSC

IP Tokens of IPNFT #129CLAW

$0.092461

24h: +6.81%
Market cap: $101,710
Volume 24h: $149
Volatility (ann.): 58%

ResearchCoinRSC

$0.044552

24h: +4.62%
Market cap: $17.91M
Volume 24h: $268,923
Volatility (ann.): 98%

CLAW 0.6%Share of the two combined market caps99.4% RSC

Performance

CLAWRSC

7 days-12.37%-14.00%CLAW
30 days-29.34%-22.32%RSC

Correlation

0.12over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	CLAW	RSC
Max drawdown (400d)	-30.2%	-39.0%
Risk-adjusted return (90d)	-0.49	-0.28

Relative strength over 90 days: RSC outperformed CLAW by 4.3% — measured on the CLAW/RSC ratio, so it holds regardless of market direction.

IP Tokens of IPNFT #129 →ResearchCoin →