Solana (SOL) is 7192.9× the size of Peercoin (PPC) by market capitalisation. Over the past 1 year, PPC is ahead by 51.7 percentage points (PPC +7.6% against SOL -44.1%). Their daily returns move loosely together (correlation 0.45 across 371 shared trading days). PPC has been the more volatile of the two, at 97% annualised against SOL's 66%.
PPCSOL
0.45over 371 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 | PPC | SOL |
|---|---|---|
| Max drawdown (400d) | -51.6% | -73.5% |
| Risk-adjusted return (90d) | 0.43 | 0.44 |
| Best 30 days (past year) | +175.4% | +47.8% |
| Worst 30 days (past year) | -31.7% | -46.1% |
Relative strength over 90 days: PPC outperformed SOL by 40.0% — measured on the PPC/SOL ratio, so it holds regardless of market direction.