Small Thing vs peaq

peaq (PEAQ) is 153.4× the size of Small Thing (ST) by market capitalisation. Over the past 30 days, PEAQ is ahead by 59.4 percentage points (ST -27.9% against PEAQ +31.5%). Their daily returns move barely together (correlation 0.04 across 21 shared trading days). PEAQ has been the more volatile of the two, at 159% annualised against ST's 100%.

Correlation: 0.04
Size ratio: 1 : 153.4
Ahead over 30 days: PEAQ

Small ThingST

$0.001416

24h: +3.10%
Market cap: $564,476
Volume 24h: $1,285
Volatility (ann.): 100%

peaqPEAQ

$0.032682

24h: +1.59%
Market cap: $86.61M
Volume 24h: $2.24M
Volatility (ann.): 159%

ST 0.6%Share of the two combined market caps99.4% PEAQ

Performance

STPEAQ

7 days-3.10%-5.24%ST
30 days-27.95%+31.45%PEAQ

Correlation

0.04over 21 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	ST	PEAQ
Max drawdown (400d)	-32.6%	-33.1%
Risk-adjusted return (90d)	-0.22	0.54

Relative strength over 90 days: ST outperformed PEAQ by 20.0% — measured on the ST/PEAQ ratio, so it holds regardless of market direction.

Small Thing →peaq →