StarSlax vs Kin

Kin (KIN) is 3.2× the size of StarSlax (SSLX) by market capitalisation. Over the past 30 days, KIN is ahead by 22.6 percentage points (SSLX -19.9% against KIN +2.7%). Their daily returns move barely in opposite directions (correlation -0.03 across 30 shared trading days). KIN has been the more volatile of the two, at 578% annualised against SSLX's 102%.

Correlation: -0.03
Size ratio: 1 : 3.2
Ahead over 30 days: KIN

StarSlaxSSLX

$6.143e-5

24h: +6.39%
Market cap: $614,124
Volume 24h: $14,525
Volatility (ann.): 102%

KinKIN

$7.407e-7

24h: +1.59%
Market cap: $1.96M
Volume 24h: $398
Volatility (ann.): 578%

SSLX 23.9%Share of the two combined market caps76.1% KIN

Performance

SSLXKIN

7 days-4.27%-40.73%SSLX
30 days-19.92%+2.68%KIN

Correlation

-0.03over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	SSLX	KIN
Max drawdown (400d)	-34.4%	-68.6%
Risk-adjusted return (90d)	-0.20	0.04

Relative strength over 90 days: KIN outperformed SSLX by 61.0% — measured on the SSLX/KIN ratio, so it holds regardless of market direction.

StarSlax →Kin →