Neoxa vs XDC Network

XDC Network (XDC) is 500.0× the size of Neoxa (NEOX) by market capitalisation. Over the past 30 days, NEOX is ahead by 7.3 percentage points (NEOX +19.3% against XDC +12.0%). Their daily returns move barely together (correlation 0.11 across 20 shared trading days). NEOX has been the more volatile of the two, at 196% annualised against XDC's 62%.

Correlation: 0.11
Size ratio: 1 : 500.0
Ahead over 30 days: NEOX

NeoxaNEOX

$0.000117

24h: -9.43%
Market cap: $1.25M
Volume 24h: $295
Volatility (ann.): 196%

XDC NetworkXDC

$0.031454

24h: +0.11%
Market cap: $627.40M
Volume 24h: $26.07M
Volatility (ann.): 62%

NEOX 0.2%Share of the two combined market caps99.8% XDC

Performance

NEOXXDC

7 days+14.17%-7.94%NEOX
30 days+19.32%+12.01%NEOX

Correlation

0.11over 20 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	NEOX	XDC
Max drawdown (400d)	-45.2%	-11.8%
Risk-adjusted return (90d)	0.10	0.24

Relative strength over 90 days: XDC outperformed NEOX by 15.8% — measured on the NEOX/XDC ratio, so it holds regardless of market direction.

Neoxa →XDC Network →