Nosana vs Grass

Grass (GRASS) is 9.4× the size of Nosana (NOS) by market capitalisation. Over the past 30 days, GRASS is ahead by 38.9 percentage points (NOS +33.5% against GRASS +72.4%). Their daily returns move closely together (correlation 0.83 across 43 shared trading days). GRASS has been the more volatile of the two, at 213% annualised against NOS's 142%.

Correlation: 0.83
Size ratio: 1 : 9.4
Ahead over 30 days: GRASS

NosanaNOS

$0.459847

24h: +16.15%
Market cap: $45.98M
Volume 24h: $594,238
Volatility (ann.): 142%

GrassGRASS

$0.596624

24h: +6.20%
Market cap: $430.74M
Volume 24h: $21.42M
Volatility (ann.): 213%

NOS 9.6%Share of the two combined market caps90.4% GRASS

Performance

NOSGRASS

7 days-12.41%-23.53%NOS
30 days+33.51%+72.43%GRASS

Correlation

0.83over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8890d: 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	NOS	GRASS
Max drawdown (400d)	-29.5%	-25.3%
Risk-adjusted return (90d)	0.29	0.35

Relative strength over 90 days: GRASS outperformed NOS by 11.3% — measured on the NOS/GRASS ratio, so it holds regardless of market direction.

Nosana →Grass →