Shack Token vs Kin

Kin (KIN) is 3.3× the size of Shack Token (SHACK) by market capitalisation. Over the past 30 days, KIN is ahead by 57.4 percentage points (SHACK -54.7% against KIN +2.7%). Their daily returns move barely in opposite directions (correlation -0.01 across 36 shared trading days). KIN has been the more volatile of the two, at 578% annualised against SHACK's 161%.

Correlation: -0.01
Size ratio: 1 : 3.3
Ahead over 30 days: KIN

Shack TokenSHACK

$0.000618

24h: -14.49%
Market cap: $598,752
Volume 24h: $2,657
Volatility (ann.): 161%

KinKIN

$7.407e-7

24h: +1.59%
Market cap: $1.96M
Volume 24h: $398
Volatility (ann.): 578%

SHACK 23.4%Share of the two combined market caps76.6% KIN

Performance

SHACKKIN

7 days-22.91%-40.73%SHACK
30 days-54.71%+2.68%KIN

Correlation

-0.01over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	SHACK	KIN
Max drawdown (400d)	-61.3%	-68.6%
Risk-adjusted return (90d)	-0.34	0.04

Relative strength over 90 days: KIN outperformed SHACK by 63.6% — measured on the SHACK/KIN ratio, so it holds regardless of market direction.

Shack Token →Kin →