XNET Mobile vs XYO Network

XYO Network (XYO) is 78.0× the size of XNET Mobile (XNET) by market capitalisation. Over the past 30 days, XYO is ahead by 7.9 percentage points (XNET -20.0% against XYO -12.0%). Their daily returns move barely together (correlation 0.06 across 20 shared trading days). XNET has been the more volatile of the two, at 171% annualised against XYO's 64%.

Correlation: 0.06
Size ratio: 1 : 78.0
Ahead over 30 days: XYO

XNET MobileXNET

$0.001309

24h: +7.27%
Market cap: $543,103
Volume 24h: $1,730
Volatility (ann.): 171%

XYO NetworkXYO

$0.003041

24h: +2.54%
Market cap: $42.36M
Volume 24h: $2.97M
Volatility (ann.): 64%

XNET 1.3%Share of the two combined market caps98.7% XYO

Performance

XNETXYO

7 days-13.02%-1.81%XYO
30 days-19.96%-12.03%XYO

Correlation

0.06over 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	XNET	XYO
Max drawdown (400d)	-39.1%	-23.4%
Risk-adjusted return (90d)	-0.13	0.01

Relative strength over 90 days: XYO outperformed XNET by 22.8% — measured on the XNET/XYO ratio, so it holds regardless of market direction.

XNET Mobile →XYO Network →