XPIN Network vs Grass

Grass (GRASS) is 12.5× the size of XPIN Network (XPIN) by market capitalisation. Over the past 30 days, GRASS is ahead by 84.1 percentage points (XPIN -5.9% against GRASS +78.2%). Their daily returns move loosely together (correlation 0.38 across 46 shared trading days). GRASS has been the more volatile of the two, at 212% annualised against XPIN's 116%.

Correlation: 0.38
Size ratio: 1 : 12.5
Ahead over 30 days: GRASS

XPIN NetworkXPIN

$0.000717

24h: +1.37%
Market cap: $33.14M
Volume 24h: $1.21M
Volatility (ann.): 116%

GrassGRASS

$0.572097

24h: +3.69%
Market cap: $413.03M
Volume 24h: $22.19M
Volatility (ann.): 212%

XPIN 7.4%Share of the two combined market caps92.6% GRASS

Performance

XPINGRASS

7 days-14.86%-15.26%XPIN
30 days-5.95%+78.19%GRASS

Correlation

0.38over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	XPIN	GRASS
Max drawdown (400d)	-41.0%	-25.3%
Risk-adjusted return (90d)	-0.27	0.36

Relative strength over 90 days: GRASS outperformed XPIN by 58.0% — measured on the XPIN/GRASS ratio, so it holds regardless of market direction.

XPIN Network →Grass →