TEN vs Canton

Canton (CC) is 80619.6× the size of TEN (TEN) by market capitalisation. Over the past 30 days, CC is ahead by 43.8 percentage points (TEN -39.8% against CC +3.9%). Their daily returns move barely in opposite directions (correlation -0.09 across 21 shared trading days). TEN has been the more volatile of the two, at 12367% annualised against CC's 125%.

Correlation: -0.09
Size ratio: 1 : 80619.6
Ahead over 30 days: CC

TENTEN

$0.000177

24h: —
Market cap: $47,922
Volume 24h: —
Volatility (ann.): 12367%

CantonCC

$0.096586

24h: -1.28%
Market cap: $3.86B
Volume 24h: $21.60M
Volatility (ann.): 125%

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

Performance

TENCC

7 days-1.91%-1.76%CC
30 days-39.82%+3.94%CC

Correlation

-0.09over 21 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	TEN	CC
Max drawdown (400d)	-95.7%	-30.6%
Risk-adjusted return (90d)	0.00	0.04

Relative strength over 90 days: TEN outperformed CC by 13.7% — measured on the TEN/CC ratio, so it holds regardless of market direction.

TEN →Canton →