KAN vs Cronos

Cronos (CRO) is 447.2× the size of KAN (KAN) by market capitalisation. Over the past 30 days, KAN is ahead by 14.4 percentage points (KAN +0.1% against CRO -14.2%). Their daily returns move loosely in opposite directions (correlation -0.38 across 22 shared trading days). CRO has been the more volatile of the two, at 86% annualised against KAN's 7%.

Correlation: -0.38
Size ratio: 1 : 447.2
Ahead over 30 days: KAN

KANKAN

$0.000585

24h: +0.36%
Market cap: $5.76M
Volume 24h: $90,211
Volatility (ann.): 7%

CronosCRO

$0.050771

24h: +0.60%
Market cap: $2.58B
Volume 24h: $5.13M
Volatility (ann.): 86%

KAN 0.2%Share of the two combined market caps99.8% CRO

Performance

KANCRO

7 days+0.30%-6.67%KAN
30 days+0.13%-14.25%KAN

Correlation

-0.38over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	KAN	CRO
Max drawdown (400d)	-1.0%	-28.4%
Risk-adjusted return (90d)	0.02	0.07

Relative strength over 90 days: CRO outperformed KAN by 17.7% — measured on the KAN/CRO ratio, so it holds regardless of market direction.

KAN →Cronos →