SPINY vs Rollbit Coin

Rollbit Coin (RLB) is 36703.8× the size of SPINY (SPINY) by market capitalisation. Over the past 30 days, RLB is ahead by 19.6 percentage points (SPINY -26.2% against RLB -6.7%). Their daily returns move barely together (correlation 0.27 across 21 shared trading days). Both have run at a similar volatility, around 54% annualised.

Correlation: 0.27
Size ratio: 1 : 36703.8
Ahead over 30 days: RLB

SPINYSPINY

$4.300e-6

24h: +4.04%
Market cap: $3,162
Volume 24h: $2
Volatility (ann.): 55%

Rollbit CoinRLB

$0.075251

24h: +1.94%
Market cap: $116.07M
Volume 24h: $108,297
Volatility (ann.): 54%

SPINY 0.0%Share of the two combined market caps100.0% RLB

Performance

SPINYRLB

7 days-9.26%+0.04%RLB
30 days-26.22%-6.67%RLB

Correlation

0.27over 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	SPINY	RLB
Max drawdown (400d)	-30.5%	-17.6%
Risk-adjusted return (90d)	-0.47	0.00

Relative strength over 90 days: RLB outperformed SPINY by 20.5% — measured on the SPINY/RLB ratio, so it holds regardless of market direction.

SPINY →Rollbit Coin →