PsyDAO vs ResearchCoin

ResearchCoin (RSC) is 196.0× the size of PsyDAO (PSY) by market capitalisation. Over the past 30 days, RSC is ahead by 4.6 percentage points (PSY -19.9% against RSC -15.3%). Their daily returns move barely in opposite directions (correlation -0.12 across 32 shared trading days). RSC has been the more volatile of the two, at 97% annualised against PSY's 67%.

Correlation: -0.12
Size ratio: 1 : 196.0
Ahead over 30 days: RSC

PsyDAOPSY

$0.002659

24h: +5.77%
Market cap: $91,355
Volume 24h: $369
Volatility (ann.): 67%

ResearchCoinRSC

$0.044552

24h: +4.62%
Market cap: $17.91M
Volume 24h: $268,923
Volatility (ann.): 97%

PSY 0.5%Share of the two combined market caps99.5% RSC

Performance

PSYRSC

7 days-3.96%-10.29%PSY
30 days-19.87%-15.29%RSC

Correlation

-0.12over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	PSY	RSC
Max drawdown (400d)	-28.8%	-38.3%
Risk-adjusted return (90d)	-0.31	-0.23

Relative strength over 90 days: RSC outperformed PSY by 2.1% — measured on the PSY/RSC ratio, so it holds regardless of market direction.

PsyDAO →ResearchCoin →