Whitecoin (XWC) and Kaspa (KAS) compared side by side. Over the past 30 days, KAS is ahead by 89.8 percentage points (XWC -100.0% against KAS -10.1%). Their daily returns move very closely together (correlation 0.85 across 22 shared trading days). XWC has been the more volatile of the two, at 382% annualised against KAS's 106%.
XWCKAS
0.85over 22 shared trading days
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.
| Metric | XWC | KAS |
|---|---|---|
| Max drawdown (400d) | -100.0% | -34.1% |
| Risk-adjusted return (90d) | -0.26 | 0.17 |
Relative strength over 90 days: KAS outperformed XWC by 100.0% — measured on the XWC/KAS ratio, so it holds regardless of market direction.