Landshare vs Rnt

Rnt (RNT) is 5120.9× the size of Landshare (LAND) by market capitalisation. Over the past 30 days, RNT is ahead by 69.3 percentage points (LAND -56.1% against RNT +13.2%). Their daily returns move barely together (correlation 0.09 across 20 shared trading days). LAND has been the more volatile of the two, at 155% annualised against RNT's 21%.

Correlation: 0.09
Size ratio: 1 : 5120.9
Ahead over 30 days: RNT

LandshareLAND

$0.001021

24h: —
Market cap: $9,934
Volume 24h: $160
Volatility (ann.): 155%

RntRNT

$0.354207

24h: +0.10%
Market cap: $50.87M
Volume 24h: $24,089
Volatility (ann.): 21%

LAND 0.0%Share of the two combined market caps100.0% RNT

Performance

LANDRNT

7 days-12.05%+2.55%RNT
30 days-56.10%+13.21%RNT

Correlation

0.09over 20 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	LAND	RNT
Max drawdown (400d)	-60.3%	-1.3%
Risk-adjusted return (90d)	-0.30	1.16

Relative strength over 90 days: RNT outperformed LAND by 34.9% — measured on the LAND/RNT ratio, so it holds regardless of market direction.

Landshare →Rnt →