Mochi vs Non-Playable Coin

Non-Playable Coin (NPC) is 184.2× the size of Mochi (MOCHI) by market capitalisation. Over the past 30 days, MOCHI is ahead by 187.1 percentage points (MOCHI +164.5% against NPC -22.5%). Their daily returns move loosely in opposite directions (correlation -0.51 across 29 shared trading days). MOCHI has been the more volatile of the two, at 888% annualised against NPC's 160%.

Correlation: -0.51
Size ratio: 1 : 184.2
Ahead over 30 days: MOCHI

MochiMOCHI

$7.069e-7

24h: +0.79%
Market cap: $706,908
Volume 24h: $55,677
Volatility (ann.): 888%

Non-Playable CoinNPC

$0.016177

24h: +4.47%
Market cap: $130.23M
Volume 24h: $2.44M
Volatility (ann.): 160%

MOCHI 0.5%Share of the two combined market caps99.5% NPC

Performance

MOCHINPC

7 days-20.45%-9.20%NPC
30 days+164.52%-22.54%MOCHI

Correlation

-0.51over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.5190d: 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	MOCHI	NPC
Max drawdown (400d)	-41.0%	-34.4%
Risk-adjusted return (90d)	0.14	1.26

Relative strength over 90 days: MOCHI outperformed NPC by 144.5% — measured on the MOCHI/NPC ratio, so it holds regardless of market direction.

Mochi →Non-Playable Coin →