Shack Token vs Paycoin

Paycoin (PCI) is 60.8× the size of Shack Token (SHACK) by market capitalisation. Over the past 30 days, PCI is ahead by 51.7 percentage points (SHACK -54.7% against PCI -3.0%). Their daily returns move barely together (correlation 0.17 across 34 shared trading days). SHACK has been the more volatile of the two, at 161% annualised against PCI's 35%.

Correlation: 0.17
Size ratio: 1 : 60.8
Ahead over 30 days: PCI

Shack TokenSHACK

$0.000618

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

PaycoinPCI

$0.035627

24h: -1.36%
Market cap: $36.43M
Volume 24h: $450,035
Volatility (ann.): 35%

SHACK 1.6%Share of the two combined market caps98.4% PCI

Performance

SHACKPCI

7 days-22.91%-4.18%PCI
30 days-54.71%-2.97%PCI

Correlation

0.17over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	PCI
Max drawdown (400d)	-61.3%	-10.3%
Risk-adjusted return (90d)	-0.34	-0.18

Relative strength over 90 days: PCI outperformed SHACK by 51.2% — measured on the SHACK/PCI ratio, so it holds regardless of market direction.

Shack Token →Paycoin →