Paysenger EGO vs Wexo

Wexo (WEXO) is 24.1× the size of Paysenger EGO (EGO) by market capitalisation. Over the past 30 days, WEXO is ahead by 270.2 percentage points (EGO -54.2% against WEXO +216.0%). Their daily returns move barely together (correlation 0.35 across 29 shared trading days). WEXO has been the more volatile of the two, at 550% annualised against EGO's 105%.

Correlation: 0.35
Size ratio: 1 : 24.1
Ahead over 30 days: WEXO

Paysenger EGOEGO

$0.000205

24h: -6.57%
Market cap: $66,104
Volume 24h: $49,868
Volatility (ann.): 105%

WexoWEXO

$0.004747

24h: +20.61%
Market cap: $1.60M
Volume 24h: $29,609
Volatility (ann.): 550%

EGO 4.0%Share of the two combined market caps96.0% WEXO

Performance

EGOWEXO

7 days-29.28%+213.27%WEXO
30 days-54.18%+215.98%WEXO

Correlation

0.35over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	EGO	WEXO
Max drawdown (400d)	-55.0%	-32.6%
Risk-adjusted return (90d)	-0.52	0.25

Relative strength over 90 days: WEXO outperformed EGO by 52.6% — measured on the EGO/WEXO ratio, so it holds regardless of market direction.

Paysenger EGO →Wexo →