Jupiter Project vs Spacecoin

Spacecoin (SPACE) is 92.5× the size of Jupiter Project (JUP) by market capitalisation. Over the past 30 days, JUP is ahead by 70.7 percentage points (JUP -29.2% against SPACE -99.9%). Their daily returns move barely together (correlation 0.03 across 41 shared trading days). JUP has been the more volatile of the two, at 2639% annualised against SPACE's 281%.

Correlation: 0.03
Size ratio: 1 : 92.5
Ahead over 30 days: JUP

Jupiter ProjectJUP

$0.000230

24h: -6.58%
Market cap: $229,927
Volume 24h: $26,269
Volatility (ann.): 2639%

SpacecoinSPACE

$0.003263

24h: +1.84%
Market cap: $21.27M
Volume 24h: $1.15M
Volatility (ann.): 281%

JUP 1.1%Share of the two combined market caps98.9% SPACE

Performance

JUPSPACE

7 days-15.87%-99.93%JUP
30 days-29.24%-99.95%JUP

Correlation

0.03over 41 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	JUP	SPACE
Max drawdown (400d)	-97.7%	-100.0%
Risk-adjusted return (90d)	-0.01	-0.36

Relative strength over 90 days: JUP outperformed SPACE by 129752.9% — measured on the JUP/SPACE ratio, so it holds regardless of market direction.

Jupiter Project →Spacecoin →