XRP (XRP) is 11849285.7× the size of น้องยาน (Nong Yan) (NONG YAN) by market capitalisation. Their daily returns move barely together (correlation 0.15 across 27 shared trading days). NONG YAN has been the more volatile of the two, at 80% annualised against XRP's 65%.
NONG YANXRP
0.15over 27 shared trading days
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.
| Metric | NONG YAN | XRP |
|---|---|---|
| Max drawdown (400d) | -50.9% | -67.3% |
| Risk-adjusted return (90d) | -0.58 | 0.37 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed NONG YAN by 38.5% — measured on the NONG YAN/XRP ratio, so it holds regardless of market direction.