USUALx vs Kinetiq

Kinetiq (KNTQ) is 15.1× the size of USUALx (USUALX) by market capitalisation. Over the past 30 days, KNTQ is ahead by 155.9 percentage points (USUALX -5.8% against KNTQ +150.1%). Their daily returns move loosely together (correlation 0.38 across 35 shared trading days). KNTQ has been the more volatile of the two, at 201% annualised against USUALX's 119%.

Correlation: 0.38
Size ratio: 1 : 15.1
Ahead over 30 days: KNTQ

USUALxUSUALX

$0.018814

24h: +0.62%
Market cap: $10.03M
Volume 24h: $626
Volatility (ann.): 119%

KinetiqKNTQ

$0.474341

24h: -6.54%
Market cap: $151.61M
Volume 24h: $6.89M
Volatility (ann.): 201%

USUALX 6.2%Share of the two combined market caps93.8% KNTQ

Performance

USUALXKNTQ

7 days-2.78%+23.74%KNTQ
30 days-5.83%+150.06%KNTQ

Correlation

0.38over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	USUALX	KNTQ
Max drawdown (400d)	-33.8%	-24.5%
Risk-adjusted return (90d)	-0.02	1.26

Relative strength over 90 days: KNTQ outperformed USUALX by 64.3% — measured on the USUALX/KNTQ ratio, so it holds regardless of market direction.

USUALx →Kinetiq →