PayLink vs Ethereum
PayLink (LINK) and Ethereum (ETH) compared side by side. Over the past 1 year, ETH is ahead by 3.8 percentage points (LINK -36.9% against ETH -33.1%). Their daily returns move very closely together (correlation 0.87 across 399 shared trading days). Both have run at a similar volatility, around 67% annualised.
Performance
| Period | LINK | ETH | Ahead |
|---|---|---|---|
| 7 days | +3.77% | +1.64% | LINK |
| 30 days | +19.37% | +10.06% | LINK |
| 90 days | +89.95% | +66.68% | LINK |
| 1 year | -36.91% | -33.09% | ETH |
Risk & extremes
| Metric | LINK | ETH |
|---|---|---|
| Max drawdown (400d) | -71.4% | -66.7% |
| Risk-adjusted return (90d) | 1.37 | 1.20 |
| Best 30 days (past year) | +61.7% | +34.1% |
| Worst 30 days (past year) | -43.6% | -44.6% |
Relative strength over 90 days: LINK outperformed ETH by 13.9% — measured on the LINK/ETH ratio, so it holds regardless of market direction.
Correlation
0.87over 399 shared trading days
7d: insufficient data30d: 0.7490d: 0.781y: 0.88
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.