ROBA vs peaq

peaq (PEAQ) is 302.6× the size of ROBA (ROBA) by market capitalisation. Over the past 30 days, PEAQ is ahead by 71.5 percentage points (ROBA -40.0% against PEAQ +31.5%). Their daily returns move closely together (correlation 0.66 across 32 shared trading days). ROBA has been the more volatile of the two, at 220% annualised against PEAQ's 159%.

Correlation: 0.66
Size ratio: 1 : 302.6
Ahead over 30 days: PEAQ

ROBAROBA

$0.000286

24h: -1.61%
Market cap: $286,226
Volume 24h: $2,598
Volatility (ann.): 220%

peaqPEAQ

$0.032712

24h: +4.57%
Market cap: $86.62M
Volume 24h: $3.26M
Volatility (ann.): 159%

ROBA 0.3%Share of the two combined market caps99.7% PEAQ

Performance

ROBAPEAQ

7 days-20.93%-5.24%PEAQ
30 days-40.04%+31.45%PEAQ

Correlation

0.66over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6690d: 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	ROBA	PEAQ
Max drawdown (400d)	-56.5%	-33.1%
Risk-adjusted return (90d)	-0.24	0.54

Relative strength over 90 days: PEAQ outperformed ROBA by 67.2% — measured on the ROBA/PEAQ ratio, so it holds regardless of market direction.

ROBA →peaq →