Tritcoin vs Nockchain

Nockchain (NOCK) is 1197.1× the size of Tritcoin (TRIT) by market capitalisation. Over the past 30 days, TRIT is ahead by 41.1 percentage points (TRIT -25.2% against NOCK -66.3%). Their daily returns move barely together (correlation 0.03 across 23 shared trading days). NOCK has been the more volatile of the two, at 274% annualised against TRIT's 102%.

Correlation: 0.03
Size ratio: 1 : 1197.1
Ahead over 30 days: TRIT

TritcoinTRIT

$2.738e-5

24h: -6.92%
Market cap: $27,354
Volume 24h: $120
Volatility (ann.): 102%

NockchainNOCK

$0.013795

24h: -10.59%
Market cap: $32.74M
Volume 24h: $631,976
Volatility (ann.): 274%

TRIT 0.1%Share of the two combined market caps99.9% NOCK

Performance

TRITNOCK

7 days-6.13%-2.41%NOCK
30 days-25.20%-66.27%TRIT

Correlation

0.03over 23 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	TRIT	NOCK
Max drawdown (400d)	-28.2%	-74.8%
Risk-adjusted return (90d)	-0.25	0.00

Relative strength over 90 days: TRIT outperformed NOCK by 23.9% — measured on the TRIT/NOCK ratio, so it holds regardless of market direction.

Tritcoin →Nockchain →