Tritcoin vs Zano

Zano (ZANO) is 2656.9× the size of Tritcoin (TRIT) by market capitalisation. Over the past 30 days, ZANO is ahead by 3.3 percentage points (TRIT -25.2% against ZANO -21.9%). Their daily returns move barely together (correlation 0.10 across 23 shared trading days). ZANO has been the more volatile of the two, at 136% annualised against TRIT's 102%.

Correlation: 0.10
Size ratio: 1 : 2656.9
Ahead over 30 days: ZANO

TritcoinTRIT

$2.738e-5

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

ZanoZANO

$4.6900

24h: -3.28%
Market cap: $72.68M
Volume 24h: $1.04M
Volatility (ann.): 136%

TRIT 0.0%Share of the two combined market caps100.0% ZANO

Performance

TRITZANO

7 days-6.13%+25.92%ZANO
30 days-25.20%-21.92%ZANO

Correlation

0.10over 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	ZANO
Max drawdown (400d)	-28.2%	-61.7%
Risk-adjusted return (90d)	-0.25	-0.32

Relative strength over 90 days: ZANO outperformed TRIT by 7.7% — measured on the TRIT/ZANO ratio, so it holds regardless of market direction.

Tritcoin →Zano →