SilverTimes Token vs Kinesis Silver

Kinesis Silver (KAG) is 117.1× the size of SilverTimes Token (STT) by market capitalisation. Over the past 30 days, KAG is ahead by 1.2 percentage points (STT -22.4% against KAG -21.3%). Their daily returns move very closely together (correlation 0.88 across 26 shared trading days). KAG has been the more volatile of the two, at 200% annualised against STT's 59%.

Correlation: 0.88
Size ratio: 1 : 117.1
Ahead over 30 days: KAG

SilverTimes TokenSTT

$50.1700

24h: -1.07%
Market cap: $1.64M
Volume 24h: $45,675
Volatility (ann.): 59%

Kinesis SilverKAG

$52.4100

24h: +4.82%
Market cap: $192.60M
Volume 24h: $348,897
Volatility (ann.): 200%

STT 0.8%Share of the two combined market caps99.2% KAG

Performance

STTKAG

7 days-21.23%-8.47%KAG
30 days-22.45%-21.26%KAG

Correlation

0.88over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8890d: 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	STT	KAG
Max drawdown (400d)	-24.7%	-36.6%
Risk-adjusted return (90d)	-0.40	-0.12

Relative strength over 90 days: STT outperformed KAG by 4.9% — measured on the STT/KAG ratio, so it holds regardless of market direction.

SilverTimes Token →Kinesis Silver →