Space vs Dexsport

Dexsport (DESU) is 15.1× the size of Space (SPACE) by market capitalisation. Over the past 30 days, DESU is ahead by 123.0 percentage points (SPACE -99.8% against DESU +23.2%). Their daily returns move closely in opposite directions (correlation -0.72 across 32 shared trading days). SPACE has been the more volatile of the two, at 436% annualised against DESU's 125%.

Correlation: -0.72
Size ratio: 1 : 15.1
Ahead over 30 days: DESU

SpaceSPACE

$0.000851

24h: -0.60%
Market cap: $670,794
Volume 24h: $366
Volatility (ann.): 436%

DexsportDESU

$0.018437

24h: -0.13%
Market cap: $10.14M
Volume 24h: $10,110
Volatility (ann.): 125%

SPACE 6.2%Share of the two combined market caps93.8% DESU

Performance

SPACEDESU

7 days-99.77%-1.29%DESU
30 days-99.80%+23.21%DESU

Correlation

-0.72over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.7290d: 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	SPACE	DESU
Max drawdown (400d)	-99.8%	-9.0%
Risk-adjusted return (90d)	-0.23	0.16

Relative strength over 90 days: DESU outperformed SPACE by 99.8% — measured on the SPACE/DESU ratio, so it holds regardless of market direction.

Space →Dexsport →