Pocket Network vs Grass

Grass (GRASS) is 25.4× the size of Pocket Network (POKT) by market capitalisation. Over the past 30 days, GRASS is ahead by 80.3 percentage points (POKT -7.9% against GRASS +72.4%). Their daily returns move barely together (correlation 0.33 across 31 shared trading days). GRASS has been the more volatile of the two, at 213% annualised against POKT's 118%.

Correlation: 0.33
Size ratio: 1 : 25.4
Ahead over 30 days: GRASS

Pocket NetworkPOKT

$0.006895

24h: -0.59%
Market cap: $16.38M
Volume 24h: $312,083
Volatility (ann.): 118%

GrassGRASS

$0.576671

24h: +1.59%
Market cap: $416.41M
Volume 24h: $22.85M
Volatility (ann.): 213%

POKT 3.8%Share of the two combined market caps96.2% GRASS

Performance

POKTGRASS

7 days-3.55%-23.53%POKT
30 days-7.92%+72.43%GRASS

Correlation

0.33over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	POKT	GRASS
Max drawdown (400d)	-26.5%	-25.3%
Risk-adjusted return (90d)	-0.03	0.35

Relative strength over 90 days: GRASS outperformed POKT by 37.3% — measured on the POKT/GRASS ratio, so it holds regardless of market direction.

Pocket Network →Grass →