Loyal vs Nockchain

Nockchain (NOCK) is 95.6× the size of Loyal (LOYAL) by market capitalisation. Over the past 30 days, LOYAL is ahead by 30.3 percentage points (LOYAL -38.6% against NOCK -69.0%). Their daily returns move barely together (correlation 0.28 across 30 shared trading days). NOCK has been the more volatile of the two, at 278% annualised against LOYAL's 88%.

Correlation: 0.28
Size ratio: 1 : 95.6
Ahead over 30 days: LOYAL

LoyalLOYAL

$0.071580

24h: -0.26%
Market cap: $357,726
Volume 24h: $195
Volatility (ann.): 88%

NockchainNOCK

$0.014397

24h: +9.01%
Market cap: $34.18M
Volume 24h: $714,524
Volatility (ann.): 278%

LOYAL 1.0%Share of the two combined market caps99.0% NOCK

Performance

LOYALNOCK

7 days-2.08%-22.96%LOYAL
30 days-38.62%-68.95%LOYAL

Correlation

0.28over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	LOYAL	NOCK
Max drawdown (400d)	-38.7%	-74.8%
Risk-adjusted return (90d)	-0.43	-0.01

Relative strength over 90 days: NOCK outperformed LOYAL by 23.8% — measured on the LOYAL/NOCK ratio, so it holds regardless of market direction.

Loyal →Nockchain →