KAN vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 1553.1× the size of KAN (KAN) by market capitalisation. Over the past 30 days, KAN is ahead by 6.9 percentage points (KAN +0.1% against WBT -6.8%). Their daily returns move loosely in opposite directions (correlation -0.50 across 22 shared trading days). WBT has been the more volatile of the two, at 59% annualised against KAN's 7%.

Correlation: -0.50
Size ratio: 1 : 1553.1
Ahead over 30 days: KAN

KANKAN

$0.000585

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

WhiteBIT CoinWBT

$75.4100

24h: +1.85%
Market cap: $8.95B
Volume 24h: $132.16M
Volatility (ann.): 59%

KAN 0.1%Share of the two combined market caps99.9% WBT

Performance

KANWBT

7 days+0.30%-3.75%KAN
30 days+0.13%-6.78%KAN

Correlation

-0.50over 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	WBT
Max drawdown (400d)	-1.0%	-12.4%
Risk-adjusted return (90d)	0.02	0.62

Relative strength over 90 days: WBT outperformed KAN by 13.7% — measured on the KAN/WBT ratio, so it holds regardless of market direction.

KAN →WhiteBIT Coin →