Navigator by MetaWin vs Rollbit Coin

Rollbit Coin (RLB) is 613.5× the size of Navigator by MetaWin (NAVI) by market capitalisation. Over the past 30 days, NAVI is ahead by 1.8 percentage points (NAVI -4.9% against RLB -6.7%). Their daily returns move barely together (correlation 0.31 across 23 shared trading days). RLB has been the more volatile of the two, at 54% annualised against NAVI's 16%.

Correlation: 0.31
Size ratio: 1 : 613.5
Ahead over 30 days: NAVI

Navigator by MetaWinNAVI

$1.830e-6

24h: +2.79%
Market cap: $182,889
Volume 24h: $823
Volatility (ann.): 16%

Rollbit CoinRLB

$0.072749

24h: -2.03%
Market cap: $112.20M
Volume 24h: $242,001
Volatility (ann.): 54%

NAVI 0.2%Share of the two combined market caps99.8% RLB

Performance

NAVIRLB

7 days+0.77%+0.04%NAVI
30 days-4.90%-6.67%NAVI

Correlation

0.31over 23 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	NAVI	RLB
Max drawdown (400d)	-7.4%	-17.6%
Risk-adjusted return (90d)	-0.28	0.00

Relative strength over 90 days: RLB outperformed NAVI by 3.5% — measured on the NAVI/RLB ratio, so it holds regardless of market direction.

Navigator by MetaWin →Rollbit Coin →