RWAX vs Collector Crypt

Collector Crypt (CARDS) is 6784.3× the size of RWAX (RWAX) by market capitalisation. Over the past 30 days, CARDS is ahead by 61.7 percentage points (RWAX +19.3% against CARDS +80.9%). Their daily returns move barely together (correlation 0.03 across 24 shared trading days). RWAX has been the more volatile of the two, at 383% annualised against CARDS's 223%.

Correlation: 0.03
Size ratio: 1 : 6784.3
Ahead over 30 days: CARDS

RWAXRWAX

$0.000974

24h: -7.16%
Market cap: $32,933
Volume 24h: $13
Volatility (ann.): 383%

Collector CryptCARDS

$0.250792

24h: -3.52%
Market cap: $223.43M
Volume 24h: $84.25M
Volatility (ann.): 223%

RWAX 0.0%Share of the two combined market caps100.0% CARDS

Performance

RWAXCARDS

7 days+35.64%-2.17%RWAX
30 days+19.26%+80.93%CARDS

Correlation

0.03over 24 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	RWAX	CARDS
Max drawdown (400d)	-39.8%	-44.8%
Risk-adjusted return (90d)	0.13	0.19

Relative strength over 90 days: RWAX outperformed CARDS by 49.4% — measured on the RWAX/CARDS ratio, so it holds regardless of market direction.

RWAX →Collector Crypt →