QoreChain vs Pearl

Pearl (PEARL) is 1270.9× the size of QoreChain (QOR) by market capitalisation. Over the past 30 days, PEARL is ahead by 241.8 percentage points (QOR -6.9% against PEARL +234.9%). Their daily returns move barely together (correlation 0.10 across 29 shared trading days). PEARL has been the more volatile of the two, at 389% annualised against QOR's 281%.

Correlation: 0.10
Size ratio: 1 : 1270.9
Ahead over 30 days: PEARL

QoreChainQOR

$0.003388

24h: +1.57%
Market cap: $472,888
Volume 24h: $31,690
Volatility (ann.): 281%

PearlPEARL

$1.6200

24h: +13.12%
Market cap: $600.98M
Volume 24h: $12.07M
Volatility (ann.): 389%

QOR 0.1%Share of the two combined market caps99.9% PEARL

Performance

QORPEARL

7 days+12.01%-16.04%QOR
30 days-6.88%+234.93%PEARL

Correlation

0.10over 29 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	QOR	PEARL
Max drawdown (400d)	-61.0%	-40.3%
Risk-adjusted return (90d)	-0.18	1.24

Relative strength over 90 days: PEARL outperformed QOR by 89.7% — measured on the QOR/PEARL ratio, so it holds regardless of market direction.

QoreChain →Pearl →