STRIKE vs Rollbit Coin

Rollbit Coin (RLB) is 1090.0× the size of STRIKE (STRIKE) by market capitalisation. Over the past 30 days, RLB is ahead by 31.8 percentage points (STRIKE -38.4% against RLB -6.7%). Their daily returns move barely in opposite directions (correlation -0.26 across 21 shared trading days). Both have run at a similar volatility, around 53% annualised.

Correlation: -0.26
Size ratio: 1 : 1090.0
Ahead over 30 days: RLB

STRIKESTRIKE

$2.422e-5

24h: —
Market cap: $106,581
Volume 24h: $249
Volatility (ann.): 52%

Rollbit CoinRLB

$0.075317

24h: +2.02%
Market cap: $116.18M
Volume 24h: $111,827
Volatility (ann.): 54%

STRIKE 0.1%Share of the two combined market caps99.9% RLB

Performance

STRIKERLB

7 days-13.40%+0.04%RLB
30 days-38.44%-6.67%RLB

Correlation

-0.26over 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	STRIKE	RLB
Max drawdown (400d)	-40.7%	-17.6%
Risk-adjusted return (90d)	-0.73	0.00

Relative strength over 90 days: RLB outperformed STRIKE by 29.5% — measured on the STRIKE/RLB ratio, so it holds regardless of market direction.

STRIKE →Rollbit Coin →