REVOX vs Concordium

Concordium (CCD) is 1495.7× the size of REVOX (REX) by market capitalisation. Over the past 30 days, CCD is ahead by 7.2 percentage points (REX -17.8% against CCD -10.6%). Their daily returns move barely in opposite directions (correlation -0.33 across 20 shared trading days). REX has been the more volatile of the two, at 135% annualised against CCD's 112%.

Correlation: -0.33
Size ratio: 1 : 1495.7
Ahead over 30 days: CCD

REVOXREX

$8.910e-6

24h: -0.45%
Market cap: $26,717
Volume 24h: $11
Volatility (ann.): 135%

ConcordiumCCD

$0.003128

24h: +28.31%
Market cap: $39.96M
Volume 24h: $806,197
Volatility (ann.): 112%

REX 0.1%Share of the two combined market caps99.9% CCD

Performance

REXCCD

7 days+1.25%-0.66%REX
30 days-17.77%-10.59%CCD

Correlation

-0.33over 20 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	REX	CCD
Max drawdown (400d)	-28.4%	-41.3%
Risk-adjusted return (90d)	-0.14	-0.12

Relative strength over 90 days: REX outperformed CCD by 20.5% — measured on the REX/CCD ratio, so it holds regardless of market direction.

REVOX →Concordium →