Looping Collective vs Kinetiq

Kinetiq (KNTQ) is 344.1× the size of Looping Collective (LOOP) by market capitalisation. Over the past 30 days, KNTQ is ahead by 186.4 percentage points (LOOP -36.4% against KNTQ +150.1%). Their daily returns move loosely in opposite directions (correlation -0.41 across 29 shared trading days). KNTQ has been the more volatile of the two, at 201% annualised against LOOP's 137%.

Correlation: -0.41
Size ratio: 1 : 344.1
Ahead over 30 days: KNTQ

Looping CollectiveLOOP

$0.001778

24h: —
Market cap: $469,843
Volume 24h: $19
Volatility (ann.): 137%

KinetiqKNTQ

$0.505789

24h: +14.65%
Market cap: $161.66M
Volume 24h: $8.75M
Volatility (ann.): 201%

LOOP 0.3%Share of the two combined market caps99.7% KNTQ

Performance

LOOPKNTQ

7 days+4.78%+23.74%KNTQ
30 days-36.36%+150.06%KNTQ

Correlation

-0.41over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4190d: 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	LOOP	KNTQ
Max drawdown (400d)	-44.0%	-24.5%
Risk-adjusted return (90d)	-0.26	1.26

Relative strength over 90 days: KNTQ outperformed LOOP by 78.2% — measured on the LOOP/KNTQ ratio, so it holds regardless of market direction.

Looping Collective →Kinetiq →