Kinetiq vs Bedrock

Kinetiq (KNTQ) is 1.1× the size of Bedrock (BR) by market capitalisation. Over the past 30 days, KNTQ is ahead by 56.0 percentage points (KNTQ +150.1% against BR +94.1%). Their daily returns move barely together (correlation 0.17 across 54 shared trading days). BR has been the more volatile of the two, at 529% annualised against KNTQ's 201%.

Correlation: 0.17
Size ratio: 1.1×
Ahead over 30 days: KNTQ

KinetiqKNTQ

$0.499693

24h: +7.32%
Market cap: $159.71M
Volume 24h: $7.74M
Volatility (ann.): 201%

BedrockBR

$0.478228

24h: +8.04%
Market cap: $141.87M
Volume 24h: $3.90M
Volatility (ann.): 529%

KNTQ 53.0%Share of the two combined market caps47.0% BR

Performance

KNTQBR

7 days+23.74%-3.07%KNTQ
30 days+150.06%+94.11%KNTQ

Correlation

0.17over 54 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1890d: 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	KNTQ	BR
Max drawdown (400d)	-24.5%	-62.7%
Risk-adjusted return (90d)	1.26	0.26

Relative strength over 90 days: KNTQ outperformed BR by 69.1% — measured on the KNTQ/BR ratio, so it holds regardless of market direction.

Kinetiq →Bedrock →