Mt Pelerin Shares vs Kaspa

Kaspa (KAS) is 333.9× the size of Mt Pelerin Shares (MPS) by market capitalisation. Over the past 30 days, MPS is ahead by 6.4 percentage points (MPS -3.7% against KAS -10.1%). Their daily returns move barely together (correlation 0.31 across 30 shared trading days). MPS has been the more volatile of the two, at 237% annualised against KAS's 106%.

Correlation: 0.31
Size ratio: 1 : 333.9
Ahead over 30 days: MPS

Mt Pelerin SharesMPS

$5.2000

24h: -6.89%
Market cap: $2.60M
Volume 24h: $156
Volatility (ann.): 237%

KaspaKAS

$0.031217

24h: +0.43%
Market cap: $867.60M
Volume 24h: $11.27M
Volatility (ann.): 106%

MPS 0.3%Share of the two combined market caps99.7% KAS

Performance

MPSKAS

7 days+7.58%-11.37%MPS
30 days-3.73%-10.15%MPS

Correlation

0.31over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	MPS	KAS
Max drawdown (400d)	-42.3%	-34.1%
Risk-adjusted return (90d)	0.06	0.17

Relative strength over 90 days: MPS outperformed KAS by 2.3% — measured on the MPS/KAS ratio, so it holds regardless of market direction.

Mt Pelerin Shares →Kaspa →