Qubit vs Kaspa

Kaspa (KAS) is 12006.8× the size of Qubit (QBIT) by market capitalisation. Over the past 30 days, KAS is ahead by 0.2 percentage points (QBIT -6.3% against KAS -6.0%). Their daily returns move barely together (correlation 0.08 across 21 shared trading days). KAS has been the more volatile of the two, at 106% annualised against QBIT's 52%.

Correlation: 0.08
Size ratio: 1 : 12006.8
Ahead over 30 days: KAS

QubitQBIT

$6.962e-5

24h: +7.47%
Market cap: $69,616
Volume 24h: $27
Volatility (ann.): 52%

KaspaKAS

$0.030073

24h: -5.48%
Market cap: $835.87M
Volume 24h: $11.35M
Volatility (ann.): 106%

QBIT 0.0%Share of the two combined market caps100.0% KAS

Performance

QBITKAS

7 days+5.27%-13.57%QBIT
30 days-6.27%-6.03%KAS

Correlation

0.08over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	QBIT	KAS
Max drawdown (400d)	-13.4%	-34.1%
Risk-adjusted return (90d)	-0.12	0.21

Relative strength over 90 days: QBIT outperformed KAS by 19.7% — measured on the QBIT/KAS ratio, so it holds regardless of market direction.

Qubit →Kaspa →