XPIN Network vs peaq

peaq (PEAQ) is 2.6× the size of XPIN Network (XPIN) by market capitalisation. Over the past 30 days, PEAQ is ahead by 37.4 percentage points (XPIN -5.9% against PEAQ +31.5%). Their daily returns move loosely together (correlation 0.44 across 48 shared trading days). PEAQ has been the more volatile of the two, at 159% annualised against XPIN's 116%.

Correlation: 0.44
Size ratio: 1 : 2.6
Ahead over 30 days: PEAQ

XPIN NetworkXPIN

$0.000717

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

peaqPEAQ

$0.032699

24h: +9.36%
Market cap: $86.65M
Volume 24h: $2.88M
Volatility (ann.): 159%

XPIN 27.7%Share of the two combined market caps72.3% PEAQ

Performance

XPINPEAQ

7 days-14.86%-5.24%PEAQ
30 days-5.95%+31.45%PEAQ

Correlation

0.44over 48 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	XPIN	PEAQ
Max drawdown (400d)	-41.0%	-33.1%
Risk-adjusted return (90d)	-0.27	0.54

Relative strength over 90 days: PEAQ outperformed XPIN by 58.6% — measured on the XPIN/PEAQ ratio, so it holds regardless of market direction.

XPIN Network →peaq →