kazonomics vs jesse

kazonomics (KAZONOMICS) is 1.6× the size of jesse (JESSE) by market capitalisation. Over the past 30 days, KAZONOMICS is ahead by 59.6 percentage points (KAZONOMICS +9.0% against JESSE -50.6%). Their daily returns move barely together (correlation 0.09 across 39 shared trading days). KAZONOMICS has been the more volatile of the two, at 234% annualised against JESSE's 133%.

Correlation: 0.09
Size ratio: 1.6×
Ahead over 30 days: KAZONOMICS

kazonomicsKAZONOMICS

$0.000853

24h: +0.70%
Market cap: $852,810
Volume 24h: $22
Volatility (ann.): 234%

jesseJESSE

$0.000961

24h: +0.85%
Market cap: $526,564
Volume 24h: $389
Volatility (ann.): 133%

KAZONOMICS 61.8%Share of the two combined market caps38.2% JESSE

Performance

KAZONOMICSJESSE

7 days-18.80%-18.35%JESSE
30 days+9.01%-50.61%KAZONOMICS

Correlation

0.09over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	KAZONOMICS	JESSE
Max drawdown (400d)	-46.6%	-62.7%
Risk-adjusted return (90d)	-0.14	-0.47

Relative strength over 90 days: KAZONOMICS outperformed JESSE by 82.3% — measured on the KAZONOMICS/JESSE ratio, so it holds regardless of market direction.

kazonomics →jesse →