Spacecoin vs Grass

Grass (GRASS) is 19.3× the size of Spacecoin (SPACE) by market capitalisation. Over the past 30 days, GRASS is ahead by 99.4 percentage points (SPACE -26.9% against GRASS +72.4%). Their daily returns move loosely together (correlation 0.43 across 38 shared trading days). GRASS has been the more volatile of the two, at 213% annualised against SPACE's 105%.

Correlation: 0.43
Size ratio: 1 : 19.3
Ahead over 30 days: GRASS

SpacecoinSPACE

$0.003384

24h: +0.94%
Market cap: $22.05M
Volume 24h: $830,266
Volatility (ann.): 105%

GrassGRASS

$0.588613

24h: +2.03%
Market cap: $424.82M
Volume 24h: $20.41M
Volatility (ann.): 213%

SPACE 4.9%Share of the two combined market caps95.1% GRASS

Performance

SPACEGRASS

7 days-4.23%-23.53%SPACE
30 days-26.92%+72.43%GRASS

Correlation

0.43over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	GRASS
Max drawdown (400d)	-32.2%	-25.3%
Risk-adjusted return (90d)	-0.21	0.35

Relative strength over 90 days: GRASS outperformed SPACE by 50.9% — measured on the SPACE/GRASS ratio, so it holds regardless of market direction.

Spacecoin →Grass →