Neptune Cash vs Canton

Canton (CC) is 4848.1× the size of Neptune Cash (NPT) by market capitalisation. Over the past 30 days, NPT is ahead by 55.9 percentage points (NPT +55.4% against CC -0.5%). Their daily returns move barely in opposite directions (correlation -0.06 across 23 shared trading days). NPT has been the more volatile of the two, at 419% annualised against CC's 126%.

Correlation: -0.06
Size ratio: 1 : 4848.1
Ahead over 30 days: NPT

Neptune CashNPT

$0.179799

24h: -5.24%
Market cap: $823,705
Volume 24h: $1,983
Volatility (ann.): 419%

CantonCC

$0.099856

24h: +4.28%
Market cap: $3.99B
Volume 24h: $15.28M
Volatility (ann.): 126%

NPT 0.0%Share of the two combined market caps100.0% CC

Performance

NPTCC

7 days-25.82%-2.16%CC
30 days+55.42%-0.52%NPT

Correlation

-0.06over 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	NPT	CC
Max drawdown (400d)	-52.3%	-30.6%
Risk-adjusted return (90d)	0.14	0.01

Relative strength over 90 days: CC outperformed NPT by 6.7% — measured on the NPT/CC ratio, so it holds regardless of market direction.

Neptune Cash →Canton →