JunoCash vs Nockchain

Nockchain (NOCK) is 199.8× the size of JunoCash (JUNO) by market capitalisation. Over the past 30 days, JUNO is ahead by 67.3 percentage points (JUNO -0.7% against NOCK -68.0%). Their daily returns move barely together (correlation 0.16 across 29 shared trading days). NOCK has been the more volatile of the two, at 276% annualised against JUNO's 175%.

Correlation: 0.16
Size ratio: 1 : 199.8
Ahead over 30 days: JUNO

JunoCashJUNO

$0.049012

24h: -2.07%
Market cap: $187,459
Volume 24h: $19,544
Volatility (ann.): 175%

NockchainNOCK

$0.015780

24h: +6.27%
Market cap: $37.45M
Volume 24h: $606,874
Volatility (ann.): 276%

JUNO 0.5%Share of the two combined market caps99.5% NOCK

Performance

JUNONOCK

7 days-2.40%-6.12%JUNO
30 days-0.71%-68.04%JUNO

Correlation

0.16over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	JUNO	NOCK
Max drawdown (400d)	-36.8%	-74.8%
Risk-adjusted return (90d)	0.08	0.03

Relative strength over 90 days: JUNO outperformed NOCK by 34.8% — measured on the JUNO/NOCK ratio, so it holds regardless of market direction.

JunoCash →Nockchain →