KAN vs OKB

OKB (OKB) is 396.8× the size of KAN (KAN) by market capitalisation. Over the past 30 days, KAN is ahead by 4.8 percentage points (KAN +0.1% against OKB -4.7%). Their daily returns move closely in opposite directions (correlation -0.60 across 22 shared trading days). OKB has been the more volatile of the two, at 53% annualised against KAN's 7%.

Correlation: -0.60
Size ratio: 1 : 396.8
Ahead over 30 days: KAN

KANKAN

$0.000585

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

OKBOKB

$108.8900

24h: +0.18%
Market cap: $2.29B
Volume 24h: $22.39M
Volatility (ann.): 53%

KAN 0.3%Share of the two combined market caps99.7% OKB

Performance

KANOKB

7 days+0.30%-0.94%KAN
30 days+0.13%-4.69%KAN

Correlation

-0.60over 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	OKB
Max drawdown (400d)	-1.0%	-12.2%
Risk-adjusted return (90d)	0.02	0.06

Relative strength over 90 days: OKB outperformed KAN by 4.7% — measured on the KAN/OKB ratio, so it holds regardless of market direction.

KAN →OKB →