Cronos (CRO) is 1.1× the size of OKB (OKB) by market capitalisation. Over the past 30 days, OKB is ahead by 8.1 percentage points (OKB -2.5% against CRO -10.6%). Their daily returns move loosely together (correlation 0.54 across 59 shared trading days). CRO has been the more volatile of the two, at 86% annualised against OKB's 52%.
OKBCRO
0.54over 59 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 | OKB | CRO |
|---|---|---|
| Max drawdown (400d) | -12.2% | -28.4% |
| Risk-adjusted return (90d) | 0.11 | 0.11 |
Relative strength over 90 days: CRO outperformed OKB by 3.1% — measured on the OKB/CRO ratio, so it holds regardless of market direction.