Token Teknoloji A.Ş. ONS Silver vs Kinesis Silver

Kinesis Silver (KAG) is 776435.3× the size of Token Teknoloji A.Ş. ONS Silver (ONSS) by market capitalisation. Over the past 30 days, ONSS is ahead by 15.2 percentage points (ONSS -6.0% against KAG -21.3%). Their daily returns move closely together (correlation 0.80 across 20 shared trading days). KAG has been the more volatile of the two, at 200% annualised against ONSS's 38%.

Correlation: 0.80
Size ratio: 1 : 776435.3
Ahead over 30 days: ONSS

Token Teknoloji A.Ş. ONS SilverONSS

$49.8100

24h: -1.17%
Market cap: $249
Volume 24h: $9,448
Volatility (ann.): 38%

Kinesis SilverKAG

$52.6300

24h: +5.65%
Market cap: $193.37M
Volume 24h: $397,349
Volatility (ann.): 200%

ONSS 0.0%Share of the two combined market caps100.0% KAG

Performance

ONSSKAG

7 days-5.41%-8.47%ONSS
30 days-6.03%-21.26%ONSS

Correlation

0.80over 20 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	ONSS	KAG
Max drawdown (400d)	-10.3%	-36.6%
Risk-adjusted return (90d)	-0.16	-0.12

Relative strength over 90 days: ONSS outperformed KAG by 1.5% — measured on the ONSS/KAG ratio, so it holds regardless of market direction.

Token Teknoloji A.Ş. ONS Silver →Kinesis Silver →