CONX vs Kaspa

Kaspa (KAS) is 189.6× the size of CONX (CONX) by market capitalisation. Over the past 30 days, CONX is ahead by 17.0 percentage points (CONX +6.9% against KAS -10.1%). Their daily returns move barely together (correlation 0.34 across 22 shared trading days). CONX has been the more volatile of the two, at 183% annualised against KAS's 106%.

Correlation: 0.34
Size ratio: 1 : 189.6
Ahead over 30 days: CONX

CONXCONX

$0.004514

24h: +1.75%
Market cap: $4.66M
Volume 24h: $77,795
Volatility (ann.): 183%

KaspaKAS

$0.031804

24h: +3.37%
Market cap: $883.78M
Volume 24h: $12.45M
Volatility (ann.): 106%

CONX 0.5%Share of the two combined market caps99.5% KAS

Performance

CONXKAS

7 days+5.03%-11.37%CONX
30 days+6.86%-10.15%CONX

Correlation

0.34over 22 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	CONX	KAS
Max drawdown (400d)	-24.5%	-34.1%
Risk-adjusted return (90d)	0.04	0.17

Relative strength over 90 days: KAS outperformed CONX by 34.4% — measured on the CONX/KAS ratio, so it holds regardless of market direction.

CONX →Kaspa →