Quantoz EURQ vs EUR CoinVertible

EUR CoinVertible (EURCV) is 47.9× the size of Quantoz EURQ (EURQ) by market capitalisation. Over the past 30 days, EURCV is ahead by 1.8 percentage points (EURQ -5.3% against EURCV -3.4%). Their daily returns move loosely together (correlation 0.45 across 34 shared trading days). EURQ has been the more volatile of the two, at 20% annualised against EURCV's 7%.

Correlation: 0.45
Size ratio: 1 : 47.9
Ahead over 30 days: EURCV

Quantoz EURQEURQ

$1.0900

24h: +0.43%
Market cap: $4.07M
Volume 24h: $39,746
Volatility (ann.): 20%

EUR CoinVertibleEURCV

$1.1200

24h: -0.13%
Market cap: $194.96M
Volume 24h: $34.58M
Volatility (ann.): 7%

EURQ 2.0%Share of the two combined market caps98.0% EURCV

Performance

EURQEURCV

7 days+0.00%+0.00%EURQ
30 days-5.26%-3.45%EURCV

Correlation

0.45over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	EURQ	EURCV
Max drawdown (400d)	-5.3%	-5.1%
Risk-adjusted return (90d)	-0.18	-0.49

Relative strength over 90 days: EURCV outperformed EURQ by 0.1% — measured on the EURQ/EURCV ratio, so it holds regardless of market direction.

Quantoz EURQ →EUR CoinVertible →