Swarm Markets vs Collector Crypt

Collector Crypt (CARDS) is 584.2× the size of Swarm Markets (SMT) by market capitalisation. Over the past 30 days, CARDS is ahead by 132.9 percentage points (SMT -41.7% against CARDS +91.2%). Their daily returns move barely together (correlation 0.22 across 29 shared trading days). SMT has been the more volatile of the two, at 291% annualised against CARDS's 226%.

Correlation: 0.22
Size ratio: 1 : 584.2
Ahead over 30 days: CARDS

Swarm MarketsSMT

$0.004150

24h: +1.13%
Market cap: $384,316
Volume 24h: $44
Volatility (ann.): 291%

Collector CryptCARDS

$0.254013

24h: +3.87%
Market cap: $224.53M
Volume 24h: $10.32M
Volatility (ann.): 226%

SMT 0.2%Share of the two combined market caps99.8% CARDS

Performance

SMTCARDS

7 days-4.85%-17.07%SMT
30 days-41.71%+91.22%CARDS

Correlation

0.22over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	SMT	CARDS
Max drawdown (400d)	-69.6%	-44.8%
Risk-adjusted return (90d)	-0.17	0.21

Relative strength over 90 days: CARDS outperformed SMT by 61.3% — measured on the SMT/CARDS ratio, so it holds regardless of market direction.

Swarm Markets →Collector Crypt →