SolCex vs Cronos

Cronos (CRO) is 1560.9× the size of SolCex (SOLCEX) by market capitalisation. Over the past 30 days, CRO is ahead by 42.1 percentage points (SOLCEX -56.4% against CRO -14.2%). Their daily returns move barely together (correlation 0.21 across 30 shared trading days). SOLCEX has been the more volatile of the two, at 163% annualised against CRO's 86%.

Correlation: 0.21
Size ratio: 1 : 1560.9
Ahead over 30 days: CRO

SolCexSOLCEX

$0.001684

24h: -7.47%
Market cap: $1.68M
Volume 24h: $15,504
Volatility (ann.): 163%

CronosCRO

$0.051692

24h: +2.37%
Market cap: $2.62B
Volume 24h: $5.47M
Volatility (ann.): 86%

SOLCEX 0.1%Share of the two combined market caps99.9% CRO

Performance

SOLCEXCRO

7 days-5.02%-6.67%SOLCEX
30 days-56.37%-14.25%CRO

Correlation

0.21over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	SOLCEX	CRO
Max drawdown (400d)	-61.3%	-28.4%
Risk-adjusted return (90d)	-0.17	0.07

Relative strength over 90 days: CRO outperformed SOLCEX by 14.5% — measured on the SOLCEX/CRO ratio, so it holds regardless of market direction.

SolCex →Cronos →